Tianjin Jiuri New Materials Co.,Ltd.’s Net Profit Dropped 74% in 2022

Tianjin Jiuri New Materials Co.,Ltd. (天津久日新材料股份有限公司) (688199.SH) reported a net profit of 43 million yuan in 2022, down 74% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 12.7% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 31.2%.