Valiant Co.,Ltd.’s Net Profit Rose 68.4% in First Quarter of 2022

Valiant Co.,Ltd. (中节能万润股份有限公司) (002643.SZ) reported a net profit of 250.2 million yuan in the first quarter of 2022, up 68.4% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 74.3% year-on-year.

At the end of the reporting period, it had 8.8 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 28.1%.