Guangdong Jingyi Metal Co.,Ltd.’s Net Profit Dropped 64.9% in First Quarter of 2023

Guangdong Jingyi Metal Co.,Ltd. (广东精艺金属股份有限公司) (002295.SZ) reported a net profit of 7 million yuan in the first quarter of 2023, down 64.9% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 1.5% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 871 million yuan in total liabilities, with a liability-to-asset ratio of 39.9%.