Gospell Digital Technology Co.,Ltd. Posted 48.4 Million Yuan Net Profit in First Quarter of 2022

Gospell Digital Technology Co.,Ltd. (高斯贝尔数码科技股份有限公司) (002848.SZ) reported a net profit of 48.4 million yuan in the first quarter of 2022, reversing a net loss of 13.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 119 million yuan in revenue, down 25.7% year-on-year.

At the end of the reporting period, it had 644.2 million yuan in total assets and 367.4 million yuan in total liabilities, with a liability-to-asset ratio of 57%.