Zhangjiagang Freetrade Science&Technology Group Co.,Ltd.’s Net Profit Dropped 26% in First Quarter of 2022

Zhangjiagang Freetrade Science&Technology Group Co.,Ltd. (张家港保税科技(集团)股份有限公司) (600794.SH) reported a net profit of 40.6 million yuan in the first quarter of 2022, down 26% year-on-year.

Meanwhile, the company posted 306.1 million yuan in revenue, down 55.6% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 31%.