Hefei Meyer Optoelectronic Technology Inc.’s Net Profit Rose 5.9% in First Quarter of 2022

Hefei Meyer Optoelectronic Technology Inc. (合肥美亚光电技术股份有限公司) (002690.SZ) reported a net profit of 113.6 million yuan in the first quarter of 2022, up 5.9% year-on-year.

Meanwhile, the company posted 401.9 million yuan in revenue, up 14.9% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 605 million yuan in total liabilities, with a liability-to-asset ratio of 19%.