Beijing Lier High-Temperature Materials Co.,Ltd.’s Net Profit Dropped 41% in First Quarter of 2022

Beijing Lier High-Temperature Materials Co.,Ltd. (北京利尔高温材料股份有限公司) (002392.SZ) reported a net profit of 66 million yuan in the first quarter of 2022, down 41% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 5.2% year-on-year.

At the end of the reporting period, it had 6.9 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 31%.