Shandong Rike Chemical Co.,Ltd.’s Net Profit Rose 111.6% in First Quarter of 2022

Shandong Rike Chemical Co.,Ltd. (山东日科化学股份有限公司) (300214.SZ) reported a net profit of 80.9 million yuan in the first quarter of 2022, up 111.6% year-on-year.

Meanwhile, the company posted 735.6 million yuan in revenue, up 27.3% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 499.5 million yuan in total liabilities, with a liability-to-asset ratio of 17%.