Jiangsu Yangnong Chemical Co.,Ltd.’s Net Profit Rose 103.1% in First Quarter of 2022

Jiangsu Yangnong Chemical Co.,Ltd. (江苏扬农化工股份有限公司) (600486.SH) reported a net profit of 904.5 million yuan in the first quarter of 2022, up 103.1% year-on-year.

Meanwhile, the company posted 5.3 billion yuan in revenue, up 42.1% year-on-year.

At the end of the reporting period, it had 15.1 billion yuan in total assets and 7.2 billion yuan in total liabilities, with a liability-to-asset ratio of 47.9%.