Aba Chemicals Corporation’s Net Profit Rose 31.2% in First Quarter of 2022

Aba Chemicals Corporation (雅本化学股份有限公司) (300261.SZ) reported a net profit of 72.2 million yuan in the first quarter of 2022, up 31.2% year-on-year.

Meanwhile, the company posted 545.4 million yuan in revenue, up 2.8% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 40.9%.