Fiberhome Telecommunication Technologies Co.,Ltd.’s Net Profit Rose 10.8% in First Quarter of 2022

Fiberhome Telecommunication Technologies Co.,Ltd. (烽火通信科技股份有限公司) (600498.SH) reported a net profit of 34 million yuan in the first quarter of 2022, up 10.8% year-on-year.

Meanwhile, the company posted 4.5 billion yuan in revenue, up 12.6% year-on-year.

At the end of the reporting period, it had 35.8 billion yuan in total assets and 23.2 billion yuan in total liabilities, with a liability-to-asset ratio of 64.8%.