Fspg Hi-Tech Co.,Ltd.’s Net Profit Rose 19% in First Quarter of 2022

Fspg Hi-Tech Co.,Ltd. (佛山佛塑科技集团股份有限公司) (000973.SZ) reported a net profit of 40.1 million yuan in the first quarter of 2022, up 19% year-on-year.

Meanwhile, the company posted 571.2 million yuan in revenue, up 2.8% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 29.8%.