Liaoning Shidai Wanheng Co.,Ltd.’s Net Profit Rose 91.6% in First Quarter of 2022

Liaoning Shidai Wanheng Co.,Ltd. (辽宁时代万恒股份有限公司) (600241.SH) reported a net profit of 30.7 million yuan in the first quarter of 2022, up 91.6% year-on-year.

Meanwhile, the company posted 215.5 million yuan in revenue, up 43% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 463.1 million yuan in total liabilities, with a liability-to-asset ratio of 33.7%.