Guangdong Topstar Technology Co.,Ltd.’s Net Profit Dropped 41.7% in First Quarter of 2022

Guangdong Topstar Technology Co.,Ltd. (广东拓斯达科技股份有限公司) (300607.SZ) reported a net profit of 54.4 million yuan in the first quarter of 2022, down 41.7% year-on-year.

Meanwhile, the company posted 928.9 million yuan in revenue, up 17.5% year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 64.6%.