Apr 30, 2022 08:00 AM

Hunan Oil Pump Co.,Ltd.’s Net Profit Dropped 26.6% in First Quarter of 2022

By Caixin Automation

Hunan Oil Pump Co.,Ltd. (湖南机油泵股份有限公司) (603319.SH) reported a net profit of 31.7 million yuan in the first quarter of 2022, down 26.6% year-on-year.

Meanwhile, the company posted 398.6 million yuan in revenue, down 7.1% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 44.3%.

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