Jiangxi Huawu Brake Co.,Ltd.’s Net Profit Rose 7.5% in First Quarter of 2022

Jiangxi Huawu Brake Co.,Ltd. (江西华伍制动器股份有限公司) (300095.SZ) reported a net profit of 52 million yuan in the first quarter of 2022, up 7.5% year-on-year.

Meanwhile, the company posted 347.6 million yuan in revenue, up 2.7% year-on-year.

At the end of the reporting period, it had 3.8 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 38.9%.