Shandong Hiking International Co.,Ltd.’s Net Profit Rose 27.2% in First Quarter of 2022

Shandong Hiking International Co.,Ltd. (山东新华锦国际股份有限公司) (600735.SH) reported a net profit of 21.8 million yuan in the first quarter of 2022, up 27.2% year-on-year.
Meanwhile, the company posted 446.7 million yuan in revenue, up 36.4% year-on-year.
At the end of the reporting period, it had 2.2 billion yuan in total assets and 704.2 million yuan in total liabilities, with a liability-to-asset ratio of 31.9%.
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