Shanxi Tond Chemical Co.,Ltd.’s Net Profit Rose 9.3% in First Quarter of 2022

Shanxi Tond Chemical Co.,Ltd. (山西同德化工股份有限公司) (002360.SZ) reported a net profit of 21.1 million yuan in the first quarter of 2022, up 9.3% year-on-year.

Meanwhile, the company posted 176.5 million yuan in revenue, up 10.2% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 622.8 million yuan in total liabilities, with a liability-to-asset ratio of 28.1%.