Guangdong Fenghua Advanced Technology(Holding) Co.,Ltd.’s Net Profit Dropped 3.3% in First Quarter of 2022

Guangdong Fenghua Advanced Technology(Holding) Co.,Ltd. (广东风华高新科技股份有限公司) (000636.SZ) reported a net profit of 182.2 million yuan in the first quarter of 2022, down 3.3% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 6.1% year-on-year.

At the end of the reporting period, it had 11.1 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 34.8%.