Shandong Taihe Technologies Co.,Ltd.’s Net Profit Rose 234% in First Quarter of 2022

Shandong Taihe Technologies Co.,Ltd. (山东泰和科技股份有限公司) (300801.SZ) reported a net profit of 124.7 million yuan in the first quarter of 2022, up 234% year-on-year.

Meanwhile, the company posted 723.6 million yuan in revenue, up 75.5% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 449.7 million yuan in total liabilities, with a liability-to-asset ratio of 16.7%.