Leon Technology Co.,Ltd. Posted 8.6 Million Yuan Net Profit in First Quarter of 2022

Leon Technology Co.,Ltd. (立昂技术股份有限公司) (300603.SZ) reported a net profit of 8.6 million yuan in the first quarter of 2022, reversing a net loss of 20.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 222.7 million yuan in revenue, up 30.3% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 57.3%.