Daqing Huake Co.,Ltd. Posted 13 Million Yuan Net Profit in First Quarter of 2022

Daqing Huake Co.,Ltd. (大庆华科股份有限公司) (000985.SZ) reported a net profit of 13 million yuan in the first quarter of 2022, reversing a net loss of 2.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 616.7 million yuan in revenue, up 36.2% year-on-year.

At the end of the reporting period, it had 732.8 million yuan in total assets and 125 million yuan in total liabilities, with a liability-to-asset ratio of 17.1%.