Jiangxi Firstar Panel Technology Co.,Ltd. Posted 873.8 Million Yuan Net Profit in First Three Quarters of 2022

Jiangxi Firstar Panel Technology Co.,Ltd. (江西星星科技股份有限公司) (300256.SZ) reported a net profit of 873.8 million yuan in the first three quarters of 2022, reversing a net loss of 1.5 billion yuan for the same period in the previous year.

Meanwhile, the company posted 476.8 million yuan in revenue, down 82% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 42.7%.