Hunan Chendian International Development Share-Holding Limited Company’s Net Profit Rose 75.7% in First Quarter of 2022

Hunan Chendian International Development Share-Holding Limited Company (湖南郴电国际发展股份有限公司) (600969.SH) reported a net profit of 41.7 million yuan in the first quarter of 2022, up 75.7% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 17.5% year-on-year.

At the end of the reporting period, it had 15.8 billion yuan in total assets and 11.8 billion yuan in total liabilities, with a liability-to-asset ratio of 74.8%.