Tofflon Science And Technology Group Co.,Ltd.’s Net Profit Rose 81.9% in First Quarter of 2022

Tofflon Science And Technology Group Co.,Ltd. (东富龙科技集团股份有限公司) (300171.SZ) reported a net profit of 221.3 million yuan in the first quarter of 2022, up 81.9% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 72.7% year-on-year.

At the end of the reporting period, it had 10.1 billion yuan in total assets and 5.4 billion yuan in total liabilities, with a liability-to-asset ratio of 53.2%.