Jiangsu Pacific Quartz Co.,Ltd.’s Net Profit Rose 276.7% in 2022

Jiangsu Pacific Quartz Co.,Ltd. (江苏太平洋石英股份有限公司) (603688.SH) reported a net profit of 1.1 billion yuan in 2022, up 276.7% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 108.6% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 401.1 million yuan in total liabilities, with a liability-to-asset ratio of 10.9%.