Shanghai New Centurion Network Information Technology Co.,Ltd.’s Net Profit Dropped 5.1% in First Quarter of 2022

Shanghai New Centurion Network Information Technology Co.,Ltd. (上海新炬网络信息技术股份有限公司) (605398.SH) reported a net profit of 10.3 million yuan in the first quarter of 2022, down 5.1% year-on-year.

Meanwhile, the company posted 129.5 million yuan in revenue, up 30.1% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 203.2 million yuan in total liabilities, with a liability-to-asset ratio of 17.1%.