Sinoma Energy Conservation Co.,Ltd.’s Net Profit Rose 33.1% in First Quarter of 2022

Sinoma Energy Conservation Co.,Ltd. (中材节能股份有限公司) (603126.SH) reported a net profit of 48.4 million yuan in the first quarter of 2022, up 33.1% year-on-year.

Meanwhile, the company posted 582.6 million yuan in revenue, down 27.2% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 47.8%.