Zhejiang Hailide New Material Co.,Ltd.’s Net Profit Dropped 1.1% in First Quarter of 2022

Zhejiang Hailide New Material Co.,Ltd. (浙江海利得新材料股份有限公司) (002206.SZ) reported a net profit of 123.7 million yuan in the first quarter of 2022, down 1.1% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 31.8% year-on-year.

At the end of the reporting period, it had 7.6 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 55.4%.