Zhejiang Yonggui Electric Equipment Co.,Ltd.’s Net Profit Rose 42.8% in First Quarter of 2022

Zhejiang Yonggui Electric Equipment Co.,Ltd. (浙江永贵电器股份有限公司) (300351.SZ) reported a net profit of 39.5 million yuan in the first quarter of 2022, up 42.8% year-on-year.

Meanwhile, the company posted 300.2 million yuan in revenue, up 50% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 562 million yuan in total liabilities, with a liability-to-asset ratio of 20.5%.