Anhui Annada Titanium Industry Co.,Ltd.’s Net Profit Dropped 45.9% in First Quarter of 2023

Anhui Annada Titanium Industry Co.,Ltd. (安徽安纳达钛业股份有限公司) (002136.SZ) reported a net profit of 40.4 million yuan in the first quarter of 2023, down 45.9% year-on-year.

Meanwhile, the company posted 534.9 million yuan in revenue, down 18.1% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 508.3 million yuan in total liabilities, with a liability-to-asset ratio of 26.4%.