Lier Chemical Co.,Ltd.’s Net Profit Rose 141.1% in First Quarter of 2022

Lier Chemical Co.,Ltd. (利尔化学股份有限公司) (002258.SZ) reported a net profit of 591.1 million yuan in the first quarter of 2022, up 141.1% year-on-year.

Meanwhile, the company posted 2.6 billion yuan in revenue, up 76.3% year-on-year.

At the end of the reporting period, it had 11.2 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 44.6%.