Foxconn Industrial Internet Co.,Ltd.’s Net Profit Rose 2% in First Quarter of 2022

Foxconn Industrial Internet Co.,Ltd. (富士康工业互联网股份有限公司) (601138.SH) reported a net profit of 3.3 billion yuan in the first quarter of 2022, up 2% year-on-year.

Meanwhile, the company posted 105.1 billion yuan in revenue, up 6.8% year-on-year.

At the end of the reporting period, it had 267.6 billion yuan in total assets and 144.7 billion yuan in total liabilities, with a liability-to-asset ratio of 54.1%.