Jiangsu Yunyi Electric Co.,Ltd.’s Net Profit Dropped 85.4% in First Quarter of 2022

Jiangsu Yunyi Electric Co.,Ltd. (江苏云意电气股份有限公司) (300304.SZ) reported a net profit of 6.5 million yuan in the first quarter of 2022, down 85.4% year-on-year.

Meanwhile, the company posted 269.3 million yuan in revenue, up 10.1% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 635 million yuan in total liabilities, with a liability-to-asset ratio of 20.3%.