Linhai Co.,Ltd.’s Net Profit Rose 20.4% in First Quarter of 2022

Linhai Co.,Ltd. (林海股份有限公司) (600099.SH) reported a net profit of 2.2 million yuan in the first quarter of 2022, up 20.4% year-on-year.

Meanwhile, the company posted 197.2 million yuan in revenue, up 6.1% year-on-year.

At the end of the reporting period, it had 804.7 million yuan in total assets and 310.1 million yuan in total liabilities, with a liability-to-asset ratio of 38.5%.