Lootom Telcovideo Network(Wuxi) Co.,Ltd.’s Net Profit Rose 168% in First Quarter of 2022

Lootom Telcovideo Network(Wuxi) Co.,Ltd. (无锡路通视信网络股份有限公司) (300555.SZ) reported a net profit of 4.9 million yuan in the first quarter of 2022, up 168% year-on-year.

Meanwhile, the company posted 60 million yuan in revenue, up 57.4% year-on-year.

At the end of the reporting period, it had 799.4 million yuan in total assets and 156.1 million yuan in total liabilities, with a liability-to-asset ratio of 19.5%.