Apr 27, 2022 08:00 AM

Asian Star Anchor Chain Co.,Ltd.Jiangsu’s Net Profit Dropped 18.2% in First Quarter of 2022

By Caixin Automation

Asian Star Anchor Chain Co.,Ltd.Jiangsu (江苏亚星锚链股份有限公司) (601890.SH) reported a net profit of 26.4 million yuan in the first quarter of 2022, down 18.2% year-on-year.

Meanwhile, the company posted 354 million yuan in revenue, down 21.2% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 889.3 million yuan in total liabilities, with a liability-to-asset ratio of 21.4%.

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