Apr 28, 2022 08:00 AM

Gem-Year Industrial Co.,Ltd.’s Net Profit Rose 9% in First Quarter of 2022

By Caixin Automation

Gem-Year Industrial Co.,Ltd. (晋亿实业股份有限公司) (601002.SH) reported a net profit of 54.4 million yuan in the first quarter of 2022, up 9% year-on-year.

Meanwhile, the company posted 672.5 million yuan in revenue, up 18.9% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 23.6%.

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