Henan Hengxing Science&Technology Co.,Ltd.’s Net Profit Dropped 36.3% in First Quarter of 2022

Henan Hengxing Science&Technology Co.,Ltd. (河南恒星科技股份有限公司) (002132.SZ) reported a net profit of 31.5 million yuan in the first quarter of 2022, down 36.3% year-on-year.

Meanwhile, the company posted 856.1 million yuan in revenue, up 16.7% year-on-year.

At the end of the reporting period, it had 7.7 billion yuan in total assets and 4.1 billion yuan in total liabilities, with a liability-to-asset ratio of 52.6%.