Grinm Advanced Materials Co.,Ltd.’s Net Profit Rose 26.6% in First Three Quarters of 2022

Grinm Advanced Materials Co.,Ltd. (有研新材料股份有限公司) (600206.SH) reported a net profit of 272.9 million yuan in the first three quarters of 2022, up 26.6% year-on-year.

Meanwhile, the company posted 11.7 billion yuan in revenue, down 4.4% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 30.7%.