Jiangsu Xiuqiang Glasswork Co.,Ltd.’s Net Profit Rose 233.4% in First Quarter of 2022

Jiangsu Xiuqiang Glasswork Co.,Ltd. (江苏秀强玻璃工艺股份有限公司) (300160.SZ) reported a net profit of 60.3 million yuan in the first quarter of 2022, up 233.4% year-on-year.

Meanwhile, the company posted 411.2 million yuan in revenue, up 26.9% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 774.6 million yuan in total liabilities, with a liability-to-asset ratio of 38.1%.