Jiangsu Gian Technology Co.,Ltd.’s Net Profit Dropped 20.1% in First Quarter of 2022

Jiangsu Gian Technology Co.,Ltd. (江苏精研科技股份有限公司) (300709.SZ) reported a net profit of 18.3 million yuan in the first quarter of 2022, down 20.1% year-on-year.

Meanwhile, the company posted 438.5 million yuan in revenue, up 1.1% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 38.6%.