Taiji Computer Corporation Limited’s Net Profit Rose 6.3% in First Quarter of 2022

Taiji Computer Corporation Limited (太极计算机股份有限公司) (002368.SZ) reported a net profit of 20.8 million yuan in the first quarter of 2022, up 6.3% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 18.7% year-on-year.

At the end of the reporting period, it had 16.7 billion yuan in total assets and 12.7 billion yuan in total liabilities, with a liability-to-asset ratio of 76.3%.