Zhongyeda Electric Co.,Ltd.’s Net Profit Rose 15.3% in First Quarter of 2022

Zhongyeda Electric Co.,Ltd. (众业达电气股份有限公司) (002441.SZ) reported a net profit of 149.3 million yuan in the first quarter of 2022, up 15.3% year-on-year.

Meanwhile, the company posted 2.6 billion yuan in revenue, up 4.5% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 34.4%.