Eve Energy Co.,Ltd.’s Net Profit Dropped 34% in First Quarter of 2022

Eve Energy Co.,Ltd. (惠州亿纬锂能股份有限公司) (300014.SZ) reported a net profit of 477.8 million yuan in the first quarter of 2022, down 34% year-on-year.

Meanwhile, the company posted 6.7 billion yuan in revenue, up 127.7% year-on-year.

At the end of the reporting period, it had 50.1 billion yuan in total assets and 29.4 billion yuan in total liabilities, with a liability-to-asset ratio of 58.6%.