Jiangyin Jianghuamicro Elctronic Materials Co.,Ltd.’s Net Profit Rose 259.2% in First Quarter of 2022

Jiangyin Jianghuamicro Elctronic Materials Co.,Ltd. (江阴江化微电子材料股份有限公司) (603078.SH) reported a net profit of 33 million yuan in the first quarter of 2022, up 259.2% year-on-year.

Meanwhile, the company posted 243.9 million yuan in revenue, up 56% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 45.3%.