Xinjiang Tianrun Dairy Co.,Ltd.’s Net Profit Rose 54.9% in First Quarter of 2023

Xinjiang Tianrun Dairy Co.,Ltd. (新疆天润乳业股份有限公司) (600419.SH) reported a net profit of 57.1 million yuan in the first quarter of 2023, up 54.9% year-on-year.

Meanwhile, the company posted 631.3 million yuan in revenue, up 16.3% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 33.8%.