Guangzhou Kdt Machinery Co.,Ltd.’s Net Profit Dropped 6.5% in First Quarter of 2022

Guangzhou Kdt Machinery Co.,Ltd. (广州弘亚数控机械股份有限公司) (002833.SZ) reported a net profit of 106.8 million yuan in the first quarter of 2022, down 6.5% year-on-year.

Meanwhile, the company posted 543.3 million yuan in revenue, up 6.5% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 32.3%.