Shenzhen Fluence Technology Plc.’s Net Profit Rose 1213.3% in First Quarter of 2022

Shenzhen Fluence Technology Plc. (深圳市超频三科技股份有限公司) (300647.SZ) reported a net profit of 35.8 million yuan in the first quarter of 2022, up 1213.3% year-on-year.

Meanwhile, the company posted 334.5 million yuan in revenue, up 161.1% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 48.1%.