Guangdong Ganhua Science&Industry Co.,Ltd.’s Net Profit Dropped 16.1% in First Quarter of 2023

Guangdong Ganhua Science&Industry Co.,Ltd. (广东甘化科工股份有限公司) (000576.SZ) reported a net profit of 21.4 million yuan in the first quarter of 2023, down 16.1% year-on-year.

Meanwhile, the company posted 84.9 million yuan in revenue, down 5.9% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 190.6 million yuan in total liabilities, with a liability-to-asset ratio of 9.5%.