Canny Elevator Co.,Ltd.’s Net Profit Dropped 37% in First Quarter of 2022

Canny Elevator Co.,Ltd. (康力电梯股份有限公司) (002367.SZ) reported a net profit of 36.9 million yuan in the first quarter of 2022, down 37% year-on-year.

Meanwhile, the company posted 941.5 million yuan in revenue, up 7.1% year-on-year.

At the end of the reporting period, it had 6.8 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 52.5%.