Apr 24, 2022 08:00 AM

Zhejiang Xinan Chemical Industrial Group Co.,Ltd.’s Net Profit Rose 340.4% in First Quarter of 2022

By Caixin Automation

Zhejiang Xinan Chemical Industrial Group Co.,Ltd. (浙江新安化工集团股份有限公司) (600596.SH) reported a net profit of 1.3 billion yuan in the first quarter of 2022, up 340.4% year-on-year.

Meanwhile, the company posted 6.5 billion yuan in revenue, up 70.9% year-on-year.

At the end of the reporting period, it had 18.6 billion yuan in total assets and 7.5 billion yuan in total liabilities, with a liability-to-asset ratio of 40.3%.

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