Gohigh Networks Co.,Ltd.’s Net Profit Rose 2571.5% in First Quarter of 2022

Gohigh Networks Co.,Ltd. (大唐高鸿网络股份有限公司) (000851.SZ) reported a net profit of 2.5 million yuan in the first quarter of 2022, up 2571.5% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 22.8% year-on-year.

At the end of the reporting period, it had 9.8 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 48.6%.