JASIC Reports its 2022 Q3 Financial Results

    JASIC announced its third quarter 2022 financial report on Oct. 18th. Its total operating revenue amounted to RMB 266.05 million ($37.39 million*) while its net profit attributable to shareholders recorded RMB 53.09 million ($7.46 million).

    2022 Q3 Financial Performance

    JASIC total operating revenue reached RMB 266.05 million ($37.39 million) in the third quarter of 2022, a 15.85% decrease year-over-year.


    Period
    2020-Q3
    2021-Q3
    2022-Q3
    Total operating revenue
    315,515,714.73
    316,166,142.60
    266,049,864.45



    Operating income dropped to RMB 57.78 million, a 15.45% decline compared with the same period last year. Total profits fell to RMB 57.77 million, down 15.81% from the previous year. Net profit attributable to shareholders decreased 13.69% compared with the prior-year period. Earnings per share declined by 15.38%.


    Period
    2020-Q3
    2021-Q3
    2022-Q3
    Operating income
    55,301,959.44
    68,332,005.74
    57,775,484.85
    Total profits
    55,305,267.47
    68,613,306.60
    57,768,426.93
    Net profit attributable to shareholders
    45,641,864.03
    61,509,138.53
    53,085,521.50
    Earnings per share
    0.09

    0.13

    0.11



    *exchange rate at the end of Sept. 2022: US$1 = CNY 7.116