Jiangsu Yueda Investment Co.,Ltd. Posted 72.7 Million Yuan Net Profit in First Quarter of 2022

Jiangsu Yueda Investment Co.,Ltd. (江苏悦达投资股份有限公司) (600805.SH) reported a net profit of 72.7 million yuan in the first quarter of 2022, reversing a net loss of 272.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 851.5 million yuan in revenue, down 6.4% year-on-year.

At the end of the reporting period, it had 9.1 billion yuan in total assets and 4.4 billion yuan in total liabilities, with a liability-to-asset ratio of 48.1%.