Shenzhen H&T Intelligent Control Co.,Ltd.’s Net Profit Dropped 29.9% in First Quarter of 2022

Shenzhen H&T Intelligent Control Co.,Ltd. (深圳和而泰智能控制股份有限公司) (002402.SZ) reported a net profit of 77.3 million yuan in the first quarter of 2022, down 29.9% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 2.7% year-on-year.

At the end of the reporting period, it had 7.2 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 44.1%.