Apr 30, 2022 08:00 AM

Zhangjiagang Guangda Special Material Co.,Ltd.’s Net Profit Dropped 63.6% in First Quarter of 2022

By Caixin Automation

Zhangjiagang Guangda Special Material Co.,Ltd. (张家港广大特材股份有限公司) (688186.SH) reported a net profit of 23.8 million yuan in the first quarter of 2022, down 63.6% year-on-year.

Meanwhile, the company posted 662.4 million yuan in revenue, up 9% year-on-year.

At the end of the reporting period, it had 8.4 billion yuan in total assets and 4.9 billion yuan in total liabilities, with a liability-to-asset ratio of 58.7%.

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