Guangdong Transtek Medical Electronics Co.,Ltd.’s Net Profit Dropped 88.6% in First Quarter of 2022

Guangdong Transtek Medical Electronics Co.,Ltd. (广东乐心医疗电子股份有限公司) (300562.SZ) reported a net profit of 1.1 million yuan in the first quarter of 2022, down 88.6% year-on-year.

Meanwhile, the company posted 260.4 million yuan in revenue, down 28.8% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 581.8 million yuan in total liabilities, with a liability-to-asset ratio of 35.6%.