Fujian Sbs Zipper Science&Technology Co.,Ltd.’s Net Profit Dropped 11.4% in First Quarter of 2022

Fujian Sbs Zipper Science&Technology Co.,Ltd. (福建浔兴拉链科技股份有限公司) (002098.SZ) reported a net profit of 16.8 million yuan in the first quarter of 2022, down 11.4% year-on-year.
Meanwhile, the company posted 474.1 million yuan in revenue, up 24.7% year-on-year.
At the end of the reporting period, it had 2.1 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 49.6%.
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