Zhejiang Jiahua Energy Chemical Industry Co.,Ltd.’s Net Profit Rose 72% in First Quarter of 2022

Zhejiang Jiahua Energy Chemical Industry Co.,Ltd. (浙江嘉化能源化工股份有限公司) (600273.SH) reported a net profit of 583.7 million yuan in the first quarter of 2022, up 72% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 74% year-on-year.

At the end of the reporting period, it had 12.1 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 20.7%.