Guangdong Huate Gas Co.,Ltd.’s Net Profit Rose 40.8% in First Quarter of 2022

Guangdong Huate Gas Co.,Ltd. (广东华特气体股份有限公司) (688268.SH) reported a net profit of 39 million yuan in the first quarter of 2022, up 40.8% year-on-year.

Meanwhile, the company posted 383.5 million yuan in revenue, up 30.7% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 450.7 million yuan in total liabilities, with a liability-to-asset ratio of 23.9%.