Sinoma International Engineering Co.,Ltd.’s Net Profit Rose 1.6% in First Quarter of 2022

Sinoma International Engineering Co.,Ltd. (中国中材国际工程股份有限公司) (600970.SH) reported a net profit of 514.7 million yuan in the first quarter of 2022, up 1.6% year-on-year.

Meanwhile, the company posted 8.7 billion yuan in revenue, up 16.1% year-on-year.

At the end of the reporting period, it had 42 billion yuan in total assets and 27.8 billion yuan in total liabilities, with a liability-to-asset ratio of 66.2%.