Jiawei Renewable Energy Co.,Ltd.’s Net Profit Rose 139.6% in First Quarter of 2022

Jiawei Renewable Energy Co.,Ltd. (珈伟新能源股份有限公司) (300317.SZ) reported a net profit of 29.2 million yuan in the first quarter of 2022, up 139.6% year-on-year.

Meanwhile, the company posted 249.4 million yuan in revenue, up 29.2% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 38.5%.