Ningbo Donly Co.,Ltd.’s Net Profit Rose 91.8% in First Quarter of 2022

Ningbo Donly Co.,Ltd. (宁波东力股份有限公司) (002164.SZ) reported a net profit of 38.4 million yuan in the first quarter of 2022, up 91.8% year-on-year.

Meanwhile, the company posted 355.9 million yuan in revenue, up 25.6% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 56.8%.