Chengdu Xgimi Technology Co.,Ltd.’s Net Profit Rose 35.8% in First Quarter of 2022

Chengdu Xgimi Technology Co.,Ltd. (成都极米科技股份有限公司) (688696.SH) reported a net profit of 121.5 million yuan in the first quarter of 2022, up 35.8% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 24.3% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 44.2%.