Yangtze Optical Fibre And Cable Joint Stock Limited Company’s Net Profit Rose 141.6% in First Quarter of 2022

Yangtze Optical Fibre And Cable Joint Stock Limited Company (长飞光纤光缆股份有限公司) (601869.SH) reported a net profit of 210.4 million yuan in the first quarter of 2022, up 141.6% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, up 56% year-on-year.

At the end of the reporting period, it had 21.4 billion yuan in total assets and 10.6 billion yuan in total liabilities, with a liability-to-asset ratio of 49.4%.