Sumavision Technologies Co.,Ltd.’s Net Profit Dropped 63.8% in First Quarter of 2022

Sumavision Technologies Co.,Ltd. (北京数码视讯科技股份有限公司) (300079.SZ) reported a net profit of 5.3 million yuan in the first quarter of 2022, down 63.8% year-on-year.

Meanwhile, the company posted 179.1 million yuan in revenue, down 14.1% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 611.5 million yuan in total liabilities, with a liability-to-asset ratio of 13.2%.