Shanghai Hi-Tech Control System Co.,Ltd.’s Net Profit Rose 7.3% in First Quarter of 2022

Shanghai Hi-Tech Control System Co.,Ltd. (上海海得控制系统股份有限公司) (002184.SZ) reported a net profit of 15.7 million yuan in the first quarter of 2022, up 7.3% year-on-year.

Meanwhile, the company posted 445.1 million yuan in revenue, up 0.6% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 44.4%.