Lianyungang Donghai Silicon Powder Co.,Ltd.’s Net Profit Rose 16.4% in First Quarter of 2022

Lianyungang Donghai Silicon Powder Co.,Ltd. (江苏联瑞新材料股份有限公司) (688300.SH) reported a net profit of 42.7 million yuan in the first quarter of 2022, up 16.4% year-on-year.

Meanwhile, the company posted 177.4 million yuan in revenue, up 27.3% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 196.7 million yuan in total liabilities, with a liability-to-asset ratio of 14.8%.