Shanghai Hanbell Precise Machinery Co.,Ltd.’s Net Profit Rose 22.3% in First Quarter of 2022

Shanghai Hanbell Precise Machinery Co.,Ltd. (上海汉钟精机股份有限公司) (002158.SZ) reported a net profit of 91.3 million yuan in the first quarter of 2022, up 22.3% year-on-year.

Meanwhile, the company posted 594.8 million yuan in revenue, up 2.7% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 43.1%.