Apr 28, 2022 08:00 AM

Shanghai Huace Navigation Technology Co.,Ltd.’s Net Profit Rose 35.4% in First Quarter of 2022

By Caixin Automation

Shanghai Huace Navigation Technology Co.,Ltd. (上海华测导航技术股份有限公司) (300627.SZ) reported a net profit of 64.8 million yuan in the first quarter of 2022, up 35.4% year-on-year.

Meanwhile, the company posted 422.3 million yuan in revenue, up 22% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 30%.

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