Sichuan Jiuzhou Electric Co.,Ltd.’s Net Profit Rose 20.4% in First Quarter of 2022

Sichuan Jiuzhou Electric Co.,Ltd. (四川九洲电器股份有限公司) (000801.SZ) reported a net profit of 40.2 million yuan in the first quarter of 2022, up 20.4% year-on-year.

Meanwhile, the company posted 831.8 million yuan in revenue, up 7.2% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 45.2%.