Guizhou Space Appliance Co.,Ltd.’s Net Profit Rose 34.8% in First Quarter of 2022

Guizhou Space Appliance Co.,Ltd. (贵州航天电器股份有限公司) (002025.SZ) reported a net profit of 183.5 million yuan in the first quarter of 2022, up 34.8% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 34.9% year-on-year.

At the end of the reporting period, it had 9.6 billion yuan in total assets and 3.3 billion yuan in total liabilities, with a liability-to-asset ratio of 34.9%.