Zhejiang Dali Technology Co.,Ltd.’s Net Profit Dropped 94.8% in First Quarter of 2022

Zhejiang Dali Technology Co.,Ltd. (浙江大立科技股份有限公司) (002214.SZ) reported a net profit of 5.1 million yuan in the first quarter of 2022, down 94.8% year-on-year.

Meanwhile, the company posted 140.9 million yuan in revenue, down 51.9% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 313.5 million yuan in total liabilities, with a liability-to-asset ratio of 11.2%.