Sino Geophysical Co.,Ltd.’s Net Profit Rose 50.8% in First Quarter of 2022

Sino Geophysical Co.,Ltd. (潜能恒信能源技术股份有限公司) (300191.SZ) reported a net profit of 10.1 million yuan in the first quarter of 2022, up 50.8% year-on-year.

Meanwhile, the company posted 106.3 million yuan in revenue, up 8.5% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 430.6 million yuan in total liabilities, with a liability-to-asset ratio of 25.7%.