Beijing Cuiwei Tower Co.,Ltd.’s Net Profit Rose 5.5% in First Quarter of 2022

Beijing Cuiwei Tower Co.,Ltd. (北京翠微大厦股份有限公司) (603123.SH) reported a net profit of 65.3 million yuan in the first quarter of 2022, up 5.5% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 2.9% year-on-year.

At the end of the reporting period, it had 7.5 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 46.8%.