Keshun Waterproof Technologies Co.,Ltd.’s Net Profit Dropped 40.8% in First Quarter of 2022

Keshun Waterproof Technologies Co.,Ltd. (科顺防水科技股份有限公司) (300737.SZ) reported a net profit of 99 million yuan in the first quarter of 2022, down 40.8% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 18.7% year-on-year.

At the end of the reporting period, it had 12.1 billion yuan in total assets and 6.7 billion yuan in total liabilities, with a liability-to-asset ratio of 54.9%.