Shenzhen Topraysolar Co.,Ltd.’s Net Profit Dropped 84.2% in First Quarter of 2022

Shenzhen Topraysolar Co.,Ltd. (深圳市拓日新能源科技股份有限公司) (002218.SZ) reported a net profit of 10.5 million yuan in the first quarter of 2022, down 84.2% year-on-year.

Meanwhile, the company posted 391.4 million yuan in revenue, up 10.3% year-on-year.

At the end of the reporting period, it had 7.2 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 41.5%.