Apr 28, 2022 08:00 AM

Shanghai Action Education Technology Co.,Ltd.’s Net Profit Rose 94.9% in First Quarter of 2022

By Caixin Automation

Shanghai Action Education Technology Co.,Ltd. (上海行动教育科技股份有限公司) (605098.SH) reported a net profit of 8.7 million yuan in the first quarter of 2022, up 94.9% year-on-year.

Meanwhile, the company posted 98.1 million yuan in revenue, up 30.8% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 879.3 million yuan in total liabilities, with a liability-to-asset ratio of 44.6%.

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