Fujian Star-Net Communication Co.,Ltd.’s Net Profit Rose 446.2% in First Quarter of 2022

Fujian Star-Net Communication Co.,Ltd. (福建星网锐捷通讯股份有限公司) (002396.SZ) reported a net profit of 181.4 million yuan in the first quarter of 2022, up 446.2% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, up 53.7% year-on-year.

At the end of the reporting period, it had 11.6 billion yuan in total assets and 5.8 billion yuan in total liabilities, with a liability-to-asset ratio of 49.7%.