Jiangsu Dingsheng New Material Joint-Stock Co.,Ltd.’s Net Profit Rose 295.2% in First Three Quarters of 2022

Jiangsu Dingsheng New Material Joint-Stock Co.,Ltd. (江苏鼎胜新能源材料股份有限公司) (603876.SH) reported a net profit of 1 billion yuan in the first three quarters of 2022, up 295.2% year-on-year.

Meanwhile, the company posted 16.6 billion yuan in revenue, up 29.4% year-on-year.

At the end of the reporting period, it had 20.1 billion yuan in total assets and 14.2 billion yuan in total liabilities, with a liability-to-asset ratio of 70.4%.