Apr 30, 2022 08:00 AM

Lu Thai Textile Co.,Ltd.’s Net Profit Rose 129.7% in First Quarter of 2022

By Caixin Automation

Lu Thai Textile Co.,Ltd. (鲁泰纺织股份有限公司) (000726.SZ) reported a net profit of 157.5 million yuan in the first quarter of 2022, up 129.7% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 59% year-on-year.

At the end of the reporting period, it had 12.8 billion yuan in total assets and 4.3 billion yuan in total liabilities, with a liability-to-asset ratio of 33.6%.

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