Beijing Tianyishangjia New Material Corp.,Ltd.’s Net Profit Rose 301.6% in First Quarter of 2022

Beijing Tianyishangjia New Material Corp.,Ltd. (北京天宜上佳高新材料股份有限公司) (688033.SH) reported a net profit of 35.5 million yuan in the first quarter of 2022, up 301.6% year-on-year.

Meanwhile, the company posted 173.4 million yuan in revenue, up 130.4% year-on-year.

At the end of the reporting period, it had 3.8 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 28.7%.