Qingdao Hanhe Cable Co.,Ltd.’s Net Profit Rose 16.8% in First Quarter of 2022

Qingdao Hanhe Cable Co.,Ltd. (青岛汉缆股份有限公司) (002498.SZ) reported a net profit of 133.1 million yuan in the first quarter of 2022, up 16.8% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 49.3% year-on-year.

At the end of the reporting period, it had 9 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 26.1%.