Kairuide Holding Co.,Ltd. Posted 1.5 Million Yuan Net Profit in First Quarter of 2022

Kairuide Holding Co.,Ltd. (凯瑞德控股股份有限公司) (002072.SZ) reported a net profit of 1.5 million yuan in the first quarter of 2022, reversing a net loss of 2 million yuan for the same period in the previous year.

Meanwhile, the company posted 101.5 million yuan in revenue, up 1192.9% year-on-year.

At the end of the reporting period, it had 85.4 million yuan in total assets and 20.3 million yuan in total liabilities, with a liability-to-asset ratio of 23.8%.