Jiangsu Sainty Corp.,Ltd.’s Net Profit Rose 477.7% in First Quarter of 2022

Jiangsu Sainty Corp.,Ltd. (江苏舜天股份有限公司) (600287.SH) reported a net profit of 19.1 million yuan in the first quarter of 2022, up 477.7% year-on-year.

Meanwhile, the company posted 855.4 million yuan in revenue, up 12.6% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 51.8%.