Shanghai Cooltech Power Co.,Ltd.’s Net Profit Rose 96.6% in First Quarter of 2022

Shanghai Cooltech Power Co.,Ltd. (上海科泰电源股份有限公司) (300153.SZ) reported a net profit of 4.5 million yuan in the first quarter of 2022, up 96.6% year-on-year.

Meanwhile, the company posted 230.2 million yuan in revenue, up 22.3% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 562 million yuan in total liabilities, with a liability-to-asset ratio of 42.1%.