Gl Tech Co.,Ltd.’s Net Profit Rose 155.6% in First Quarter of 2022

Gl Tech Co.,Ltd. (光力科技股份有限公司) (300480.SZ) reported a net profit of 20.2 million yuan in the first quarter of 2022, up 155.6% year-on-year.

Meanwhile, the company posted 120.1 million yuan in revenue, up 165.7% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 333.9 million yuan in total liabilities, with a liability-to-asset ratio of 19.6%.