New Universal Science And Technology Co.,Ltd.’s Net Profit Rose 83.9% in First Quarter of 2022

New Universal Science And Technology Co.,Ltd. (万向新元科技股份有限公司) (300472.SZ) reported a net profit of 40 million yuan in the first quarter of 2022, up 83.9% year-on-year.

Meanwhile, the company posted 243.5 million yuan in revenue, up 15.8% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 947.8 million yuan in total liabilities, with a liability-to-asset ratio of 50.5%.