Zhejiang Hangmin Co.,Ltd.’s Net Profit Rose 14.2% in First Quarter of 2022

Zhejiang Hangmin Co.,Ltd. (浙江航民股份有限公司) (600987.SH) reported a net profit of 128.4 million yuan in the first quarter of 2022, up 14.2% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, down 1.4% year-on-year.

At the end of the reporting period, it had 8 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 23.2%.