Jinlihua Electric Co.,Ltd.’s Net Profit Rose 2.1% in First Quarter of 2022

Jinlihua Electric Co.,Ltd. (金利华电气股份有限公司) (300069.SZ) reported a net profit of 5.2 million yuan in the first quarter of 2022, up 2.1% year-on-year.

Meanwhile, the company posted 28.9 million yuan in revenue, down 44.9% year-on-year.

At the end of the reporting period, it had 430.1 million yuan in total assets and 151.8 million yuan in total liabilities, with a liability-to-asset ratio of 35.3%.