On May 4th, Harbin Industrial Intelligence (000584) released the report for the first quarter of 2022. During the reporting period, the company achieved operating income of 197,050,118.54 yuan, a year-on-year decrease of 60.88%; net profit attributable to shareholders of the listed company was -31,133,596.19 yuan, compared with Losses increased in the same period last year.
During the reporting period, the net cash flow from operating activities was RMB -34,683,231.98, and the total assets as at the end of the reporting period were RMB 4,984,414,314.77.
During the reporting period, the company achieved an operating income of 197,050,118.54 yuan, down 60.88% year-on-year; mainly due to the impact of the epidemic during the reporting period, the progress of project performance slowed down and revenue recognition lags behind. Other income was RMB 8,482,354.58, an increase of 249.68% over the same period of the previous year, which was mainly due to the increase in government subsidies related to operating activities received during the reporting period.
According to the data of Wabei.com, the main business of Harbin Industrial Intelligence is intelligent manufacturing.