Baoding Lucky Innovative Materials Co.,Ltd.’s Net Profit Rose 13.1% in First Quarter of 2022

Baoding Lucky Innovative Materials Co.,Ltd. (保定乐凯新材料股份有限公司) (300446.SZ) reported a net profit of 1.3 million yuan in the first quarter of 2022, up 13.1% year-on-year.

Meanwhile, the company posted 42.1 million yuan in revenue, down 3% year-on-year.

At the end of the reporting period, it had 829.3 million yuan in total assets and 149.8 million yuan in total liabilities, with a liability-to-asset ratio of 18.1%.