Zhejiang Headman Intelligent Machinery Co.,Ltd.’s Net Profit Dropped 4.7% in First Quarter of 2022

Zhejiang Headman Intelligent Machinery Co.,Ltd. (浙江海德曼智能装备股份有限公司) (688577.SH) reported a net profit of 14.7 million yuan in the first quarter of 2022, down 4.7% year-on-year.

Meanwhile, the company posted 132.6 million yuan in revenue, up 16.8% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 401.4 million yuan in total liabilities, with a liability-to-asset ratio of 32.6%.