Jiangyin Jianghuamicro Elctronic Materials Co.,Ltd.’s Net Profit Dropped 39.7% in First Quarter of 2023

Jiangyin Jianghuamicro Elctronic Materials Co.,Ltd. (江阴江化微电子材料股份有限公司) (603078.SH) reported a net profit of 19.9 million yuan in the first quarter of 2023, down 39.7% year-on-year.

Meanwhile, the company posted 225.9 million yuan in revenue, down 7.4% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 837 million yuan in total liabilities, with a liability-to-asset ratio of 31%.