Suzhou Harmontronics Automation Technology Co.,Ltd.’s Net Profit Rose 18.4% in First Quarter of 2022

Suzhou Harmontronics Automation Technology Co.,Ltd. (苏州瀚川智能科技股份有限公司) (688022.SH) reported a net profit of 642,085 yuan in the first quarter of 2022, up 18.4% year-on-year.

Meanwhile, the company posted 99.1 million yuan in revenue, up 16.9% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 60%.