Beijing Sifang Automation Co.,Ltd.’s Net Profit Rose 38.3% in First Quarter of 2022

Beijing Sifang Automation Co.,Ltd. (北京四方继保自动化股份有限公司) (601126.SH) reported a net profit of 128.8 million yuan in the first quarter of 2022, up 38.3% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 32.6% year-on-year.

At the end of the reporting period, it had 7.4 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 45.7%.