Zhejiang Risun Intelligent Technology Co.,Ltd.’s Net Profit Dropped 56.2% in First Quarter of 2022

Zhejiang Risun Intelligent Technology Co.,Ltd. (浙江瑞晟智能科技股份有限公司) (688215.SH) reported a net profit of 1.3 million yuan in the first quarter of 2022, down 56.2% year-on-year.

Meanwhile, the company posted 46.2 million yuan in revenue, up 75.7% year-on-year.

At the end of the reporting period, it had 591.3 million yuan in total assets and 147.1 million yuan in total liabilities, with a liability-to-asset ratio of 24.9%.