Xiamen R&T Plumbing Technology Co.,Ltd.’s Net Profit Rose 22% in First Quarter of 2022

Xiamen R&T Plumbing Technology Co.,Ltd. (厦门瑞尔特卫浴科技股份有限公司) (002790.SZ) reported a net profit of 36 million yuan in the first quarter of 2022, up 22% year-on-year.

Meanwhile, the company posted 406.8 million yuan in revenue, up 22.5% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 510.7 million yuan in total liabilities, with a liability-to-asset ratio of 22.1%.