Kuangda Technology Group Co.,Ltd.’s Net Profit Rose 13.4% in First Quarter of 2022

Kuangda Technology Group Co.,Ltd. (旷达科技集团股份有限公司) (002516.SZ) reported a net profit of 52.4 million yuan in the first quarter of 2022, up 13.4% year-on-year.

Meanwhile, the company posted 433.3 million yuan in revenue, up 10.5% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 544 million yuan in total liabilities, with a liability-to-asset ratio of 13.4%.