Xinjiang Tianye Co.,Ltd.’s Net Profit Dropped 49.8% in 2022

Xinjiang Tianye Co.,Ltd. (新疆天业股份有限公司) (600075.SH) reported a net profit of 802.3 million yuan in 2022, down 49.8% year-on-year.

Meanwhile, the company posted 11.6 billion yuan in revenue, down 3.1% year-on-year.

At the end of the reporting period, it had 20.1 billion yuan in total assets and 9.1 billion yuan in total liabilities, with a liability-to-asset ratio of 45.5%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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