Jiangsu Sainty Corp.,Ltd. Posted 60 Million Yuan Net Profit in First Three Quarters of 2022

Jiangsu Sainty Corp.,Ltd. (江苏舜天股份有限公司) (600287.SH) reported a net profit of 60 million yuan in the first three quarters of 2022, reversing a net loss of 52.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 3 billion yuan in revenue, up 28% year-on-year.

At the end of the reporting period, it had 3.8 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 52%.