Brother Enterprises Holding Co.,Ltd.’s Net Profit Rose 826% in First Quarter of 2022

Brother Enterprises Holding Co.,Ltd. (兄弟科技股份有限公司) (002562.SZ) reported a net profit of 103 million yuan in the first quarter of 2022, up 826% year-on-year.

Meanwhile, the company posted 879.2 million yuan in revenue, up 27.5% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 44.1%.