May 06, 2022 08:00 AM

Shanghai Beite Technology Co.,Ltd.’s Net Profit Rose 16.3% in First Quarter of 2022

By Caixin Automation

Shanghai Beite Technology Co.,Ltd. (上海北特科技股份有限公司) (603009.SH) reported a net profit of 23.4 million yuan in the first quarter of 2022, up 16.3% year-on-year.

Meanwhile, the company posted 428.3 million yuan in revenue, down 0.2% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 47.7%.

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