San Bian Sci-Tech Co.,Ltd.’s Net Profit Rose 34.4% in First Quarter of 2022

San Bian Sci-Tech Co.,Ltd. (三变科技股份有限公司) (002112.SZ) reported a net profit of 1.8 million yuan in the first quarter of 2022, up 34.4% year-on-year.

Meanwhile, the company posted 190.7 million yuan in revenue, up 13.8% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 847.7 million yuan in total liabilities, with a liability-to-asset ratio of 66.9%.