Zhuhai Orbita Aerospace Science&Technology Co.,Ltd.’s Net Profit Dropped 53.5% in First Quarter of 2022

Zhuhai Orbita Aerospace Science&Technology Co.,Ltd. (珠海欧比特宇航科技股份有限公司) (300053.SZ) reported a net profit of 8 million yuan in the first quarter of 2022, down 53.5% year-on-year.

Meanwhile, the company posted 138.3 million yuan in revenue, down 1.2% year-on-year.

At the end of the reporting period, it had 3.8 billion yuan in total assets and 756.5 million yuan in total liabilities, with a liability-to-asset ratio of 19.7%.