Shandong Dawn Polymer Material Co.,Ltd.’s Net Profit Dropped 29.4% in First Quarter of 2022

Shandong Dawn Polymer Material Co.,Ltd. (山东道恩高分子材料股份有限公司) (002838.SZ) reported a net profit of 55.3 million yuan in the first quarter of 2022, down 29.4% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 18.9% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 32.4%.