Chutian Dragon Co.,Ltd.’s Net Profit Rose 139.2% in First Quarter of 2022

Chutian Dragon Co.,Ltd. (楚天龙股份有限公司) (003040.SZ) reported a net profit of 40.6 million yuan in the first quarter of 2022, up 139.2% year-on-year.

Meanwhile, the company posted 262.9 million yuan in revenue, down 5.3% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 622.6 million yuan in total liabilities, with a liability-to-asset ratio of 30.6%.