Jiangsu Sopo Chemical Co.,Ltd.’s Net Profit Dropped 25.3% in First Quarter of 2022

Jiangsu Sopo Chemical Co.,Ltd. (江苏索普化工股份有限公司) (600746.SH) reported a net profit of 407.6 million yuan in the first quarter of 2022, down 25.3% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, up 23.4% year-on-year.

At the end of the reporting period, it had 7.5 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 12.7%.