Hangzhou Onechance Tech Corp.’s Net Profit Dropped 5.7% in First Quarter of 2022

Hangzhou Onechance Tech Corp. (杭州壹网壹创科技股份有限公司) (300792.SZ) reported a net profit of 55.6 million yuan in the first quarter of 2022, down 5.7% year-on-year.

Meanwhile, the company posted 266.4 million yuan in revenue, up 19.6% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 604.2 million yuan in total liabilities, with a liability-to-asset ratio of 18%.