Apr 30, 2022 08:00 AM

Guangdong Kingstrong Technology Co.,Ltd.’s Net Profit Rose 70.3% in First Quarter of 2022

By Caixin Automation

Guangdong Kingstrong Technology Co.,Ltd. (广东新劲刚科技股份有限公司) (300629.SZ) reported a net profit of 34.4 million yuan in the first quarter of 2022, up 70.3% year-on-year.

Meanwhile, the company posted 97.2 million yuan in revenue, up 16.2% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 200.2 million yuan in total liabilities, with a liability-to-asset ratio of 14.9%.

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