Nanjing Baose Co.,Ltd.’s Net Profit Rose 99.8% in First Quarter of 2022

Nanjing Baose Co.,Ltd. (南京宝色股份公司) (300402.SZ) reported a net profit of 14.2 million yuan in the first quarter of 2022, up 99.8% year-on-year.

Meanwhile, the company posted 323.8 million yuan in revenue, up 56.5% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 69.7%.