Hangzhou Oxygen Plant Group Co.,Ltd.’s Net Profit Rose 7.6% in First Quarter of 2022

Hangzhou Oxygen Plant Group Co.,Ltd. (杭氧集团股份有限公司) (002430.SZ) reported a net profit of 338.9 million yuan in the first quarter of 2022, up 7.6% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 13.5% year-on-year.

At the end of the reporting period, it had 16.4 billion yuan in total assets and 8.1 billion yuan in total liabilities, with a liability-to-asset ratio of 49.7%.