Jiangsu Jujie Microfiber Technology Group Co.,Ltd.’s Net Profit Dropped 7.5% in First Quarter of 2022

Jiangsu Jujie Microfiber Technology Group Co.,Ltd. (江苏聚杰微纤科技集团股份有限公司) (300819.SZ) reported a net profit of 5.2 million yuan in the first quarter of 2022, down 7.5% year-on-year.

Meanwhile, the company posted 141.6 million yuan in revenue, up 114.1% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 143.3 million yuan in total liabilities, with a liability-to-asset ratio of 14.6%.