Luoyang Jalon Micro-Nano New Materials Co.,Ltd.’s Net Profit Rose 38% in First Quarter of 2023

Luoyang Jalon Micro-Nano New Materials Co.,Ltd. (洛阳建龙微纳新材料股份有限公司) (688357.SH) reported a net profit of 60.5 million yuan in the first quarter of 2023, up 38% year-on-year.

Meanwhile, the company posted 326 million yuan in revenue, up 65.6% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 42.7%.