Xinjiang Tianrun Dairy Co.,Ltd.’s Net Profit Rose 1.7% in First Quarter of 2022

Xinjiang Tianrun Dairy Co.,Ltd. (新疆天润乳业股份有限公司) (600419.SH) reported a net profit of 36.9 million yuan in the first quarter of 2022, up 1.7% year-on-year.

Meanwhile, the company posted 543 million yuan in revenue, up 17.3% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 33.3%.