China Resources Microelectronics Limited’s Net Profit Rose 49.8% in First Quarter of 2022

China Resources Microelectronics Limited (华润微电子有限公司) (688396.SH) reported a net profit of 610.2 million yuan in the first quarter of 2022, up 49.8% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, up 22.9% year-on-year.

At the end of the reporting period, it had 23.3 billion yuan in total assets and 5.2 billion yuan in total liabilities, with a liability-to-asset ratio of 22.2%.