Jiangsu General Science Technology Co.,Ltd.’s Net Profit Dropped 63.3% in First Quarter of 2022

Jiangsu General Science Technology Co.,Ltd. (江苏通用科技股份有限公司) (601500.SH) reported a net profit of 6.4 million yuan in the first quarter of 2022, down 63.3% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 4.8% year-on-year.

At the end of the reporting period, it had 9.1 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 52.7%.