Zhejiang Southeast Space Frame Co.,Ltd.’s Net Profit Rose 10.9% in First Quarter of 2022

Zhejiang Southeast Space Frame Co.,Ltd. (浙江东南网架股份有限公司) (002135.SZ) reported a net profit of 169.6 million yuan in the first quarter of 2022, up 10.9% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 12% year-on-year.

At the end of the reporting period, it had 16.1 billion yuan in total assets and 9.4 billion yuan in total liabilities, with a liability-to-asset ratio of 58.6%.