Inner Mongolia North Hauler Joint Stock Co.,Ltd.’s Net Profit Dropped 9.1% in First Quarter of 2023

Inner Mongolia North Hauler Joint Stock Co.,Ltd. (内蒙古北方重型汽车股份有限公司) (600262.SH) reported a net profit of 29.7 million yuan in the first quarter of 2023, down 9.1% year-on-year.

Meanwhile, the company posted 384.6 million yuan in revenue, down 27.2% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 59.1%.