Suzhou Hyc Technology Co.,Ltd.’s Net Profit Rose 44.9% in First Quarter of 2022

Suzhou Hyc Technology Co.,Ltd. (苏州华兴源创科技股份有限公司) (688001.SH) reported a net profit of 40.9 million yuan in the first quarter of 2022, up 44.9% year-on-year.

Meanwhile, the company posted 373.3 million yuan in revenue, up 32.1% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 30.1%.