Shenzhen Changhong Technology Co.,Ltd.’s Net Profit Rose 16% in First Quarter of 2022

Shenzhen Changhong Technology Co.,Ltd. (深圳市昌红科技股份有限公司) (300151.SZ) reported a net profit of 47.4 million yuan in the first quarter of 2022, up 16% year-on-year.

Meanwhile, the company posted 293.5 million yuan in revenue, up 7.3% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 747.8 million yuan in total liabilities, with a liability-to-asset ratio of 37.7%.