Zhejiang Viewshine Intelligent Meter Co.,Ltd.’s Net Profit Dropped 15.5% in First Quarter of 2022

Zhejiang Viewshine Intelligent Meter Co.,Ltd. (浙江威星智能仪表股份有限公司) (002849.SZ) reported a net profit of 11.5 million yuan in the first quarter of 2022, down 15.5% year-on-year.

Meanwhile, the company posted 170.9 million yuan in revenue, down 45.4% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 703.1 million yuan in total liabilities, with a liability-to-asset ratio of 43.7%.