Zhejiang Yueling Co.,Ltd.’s Net Profit Rose 312% in First Quarter of 2022

Zhejiang Yueling Co.,Ltd. (浙江跃岭股份有限公司) (002725.SZ) reported a net profit of 10.1 million yuan in the first quarter of 2022, up 312% year-on-year.

Meanwhile, the company posted 217.3 million yuan in revenue, up 9.8% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 315.3 million yuan in total liabilities, with a liability-to-asset ratio of 23.1%.