Zanyu Technology Group Co.,Ltd.’s Net Profit Dropped 16.5% in First Quarter of 2022

Zanyu Technology Group Co.,Ltd. (赞宇科技集团股份有限公司) (002637.SZ) reported a net profit of 159.4 million yuan in the first quarter of 2022, down 16.5% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 14.5% year-on-year.

At the end of the reporting period, it had 9.3 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 53.7%.