Shandong Jintai Group Co.,Ltd. Posted 2.2 Million Yuan Net Profit in First Quarter of 2022

Shandong Jintai Group Co.,Ltd. (山东金泰集团股份有限公司) (600385.SH) reported a net profit of 2.2 million yuan in the first quarter of 2022, reversing a net loss of 3.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 16.9 million yuan in revenue, up 30.8% year-on-year.

At the end of the reporting period, it had 142 million yuan in total assets and 122.4 million yuan in total liabilities, with a liability-to-asset ratio of 86.2%.