Hollyland(China) Electronics Technology Corp.,Ltd.’s Net Profit Rose 32.5% in First Quarter of 2022

Hollyland(China) Electronics Technology Corp.,Ltd. (好利来(中国)电子科技股份有限公司) (002729.SZ) reported a net profit of 6.9 million yuan in the first quarter of 2022, up 32.5% year-on-year.

Meanwhile, the company posted 63.8 million yuan in revenue, up 37.9% year-on-year.

At the end of the reporting period, it had 533.4 million yuan in total assets and 84.7 million yuan in total liabilities, with a liability-to-asset ratio of 15.9%.