Wuhan Tianyu Information Industry Co.,Ltd. Posted 1.1 Million Yuan Net Profit in First Quarter of 2022

Wuhan Tianyu Information Industry Co.,Ltd. (武汉天喻信息产业股份有限公司) (300205.SZ) reported a net profit of 1.1 million yuan in the first quarter of 2022, reversing a net loss of 17.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 347.2 million yuan in revenue, up 18.7% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 55.3%.