Yantai Eddie Precision Machinery Co.,Ltd.’s Net Profit Dropped 63.1% in First Quarter of 2022

Yantai Eddie Precision Machinery Co.,Ltd. (烟台艾迪精密机械股份有限公司) (603638.SH) reported a net profit of 72.3 million yuan in the first quarter of 2022, down 63.1% year-on-year.

Meanwhile, the company posted 615.5 million yuan in revenue, down 31.2% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 36.3%.