Luoyang Jalon Micro-Nano New Materials Co.,Ltd.’s Net Profit Rose 33.6% in First Quarter of 2022

Luoyang Jalon Micro-Nano New Materials Co.,Ltd. (洛阳建龙微纳新材料股份有限公司) (688357.SH) reported a net profit of 43.9 million yuan in the first quarter of 2022, up 33.6% year-on-year.

Meanwhile, the company posted 196.9 million yuan in revenue, up 57% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 580 million yuan in total liabilities, with a liability-to-asset ratio of 28.4%.