Beijing Tieke Shougang Railway-Tech Co.,Ltd.’s Net Profit Rose 342.4% in First Quarter of 2022

Beijing Tieke Shougang Railway-Tech Co.,Ltd. (北京铁科首钢轨道技术股份有限公司) (688569.SH) reported a net profit of 51.5 million yuan in the first quarter of 2022, up 342.4% year-on-year.

Meanwhile, the company posted 266.5 million yuan in revenue, up 102.4% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 575.6 million yuan in total liabilities, with a liability-to-asset ratio of 17.6%.