Gansu Huangtai Wine―Marketing Industry Co.,Ltd. Posted 1.6 Million Yuan Net Profit in First Quarter of 2022

Gansu Huangtai Wine―Marketing Industry Co.,Ltd. (甘肃皇台酒业股份有限公司) (000995.SZ) reported a net profit of 1.6 million yuan in the first quarter of 2022, reversing a net loss of 4.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 33.8 million yuan in revenue, up 183.2% year-on-year.

At the end of the reporting period, it had 480.9 million yuan in total assets and 355.5 million yuan in total liabilities, with a liability-to-asset ratio of 73.9%.