Wuhan East Lake High Technology Groupe Co.,Ltd.’s Net Profit Dropped 20.5% in First Quarter of 2022

Wuhan East Lake High Technology Groupe Co.,Ltd. (武汉东湖高新集团股份有限公司) (600133.SH) reported a net profit of 48.5 million yuan in the first quarter of 2022, down 20.5% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 27.1% year-on-year.

At the end of the reporting period, it had 28.5 billion yuan in total assets and 20.2 billion yuan in total liabilities, with a liability-to-asset ratio of 70.9%.