Rainbow Digital Commercial Co.,Ltd.’s Net Profit Rose 104.9% in First Quarter of 2022

Rainbow Digital Commercial Co.,Ltd. (天虹数科商业股份有限公司) (002419.SZ) reported a net profit of 279.4 million yuan in the first quarter of 2022, up 104.9% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, up 2.7% year-on-year.

At the end of the reporting period, it had 31.2 billion yuan in total assets and 26.8 billion yuan in total liabilities, with a liability-to-asset ratio of 85.9%.