Tianjin Jiuri New Materials Co.,Ltd.’s Net Profit Rose 57.5% in First Quarter of 2022

Tianjin Jiuri New Materials Co.,Ltd. (天津久日新材料股份有限公司) (688199.SH) reported a net profit of 60.2 million yuan in the first quarter of 2022, up 57.5% year-on-year.

Meanwhile, the company posted 423 million yuan in revenue, up 35.8% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 29.3%.