Jiangsu Maysta Chemical Co.,Ltd.’s Net Profit Rose 10.3% in First Quarter of 2023

Jiangsu Maysta Chemical Co.,Ltd. (江苏美思德化学股份有限公司) (603041.SH) reported a net profit of 24.5 million yuan in the first quarter of 2023, up 10.3% year-on-year.

Meanwhile, the company posted 120.1 million yuan in revenue, down 22% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 196.5 million yuan in total liabilities, with a liability-to-asset ratio of 12.3%.