Zhejiang Linuo Fluid Control Technology Co.,Ltd.’s Net Profit Rose 29.3% in First Quarter of 2022

Zhejiang Linuo Fluid Control Technology Co.,Ltd. (浙江力诺流体控制科技股份有限公司) (300838.SZ) reported a net profit of 18.1 million yuan in the first quarter of 2022, up 29.3% year-on-year.

Meanwhile, the company posted 167.3 million yuan in revenue, up 63.5% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 371.4 million yuan in total liabilities, with a liability-to-asset ratio of 30.3%.