Jiangsu Zhongshe Group Co.,Ltd.’s Net Profit Dropped 6.1% in First Quarter of 2022

Jiangsu Zhongshe Group Co.,Ltd. (江苏中设集团股份有限公司) (002883.SZ) reported a net profit of 13 million yuan in the first quarter of 2022, down 6.1% year-on-year.

Meanwhile, the company posted 148.3 million yuan in revenue, up 37.8% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 472.4 million yuan in total liabilities, with a liability-to-asset ratio of 40.5%.