Epoxy Base Electronic Material Corporation Limited’s Net Profit Dropped 33% in First Quarter of 2022

Epoxy Base Electronic Material Corporation Limited (宏昌电子材料股份有限公司) (603002.SH) reported a net profit of 55.8 million yuan in the first quarter of 2022, down 33% year-on-year.

Meanwhile, the company posted 886.6 million yuan in revenue, flat year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 51.3%.