Chongqing Zaisheng Technology Corp.,Ltd.’s Net Profit Dropped 24.4% in First Quarter of 2022

Chongqing Zaisheng Technology Corp.,Ltd. (重庆再升科技股份有限公司) (603601.SH) reported a net profit of 60.9 million yuan in the first quarter of 2022, down 24.4% year-on-year.

Meanwhile, the company posted 368.2 million yuan in revenue, down 18.6% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 858.6 million yuan in total liabilities, with a liability-to-asset ratio of 29.1%.