Apr 30, 2022 08:00 AM

Hangzhou Kaierda Welding Robot Co.,Ltd.’s Net Profit Dropped 24.4% in First Quarter of 2022

By Caixin Automation

Hangzhou Kaierda Welding Robot Co.,Ltd. (杭州凯尔达焊接机器人股份有限公司) (688255.SH) reported a net profit of 14.6 million yuan in the first quarter of 2022, down 24.4% year-on-year.

Meanwhile, the company posted 125.8 million yuan in revenue, down 26.7% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 86.4 million yuan in total liabilities, with a liability-to-asset ratio of 7.1%.

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