Jiangsu Lixing General Steel Ball Co.,Ltd.’s Net Profit Rose 37.5% in First Quarter of 2023

Jiangsu Lixing General Steel Ball Co.,Ltd. (江苏力星通用钢球股份有限公司) (300421.SZ) reported a net profit of 16.8 million yuan in the first quarter of 2023, up 37.5% year-on-year.

Meanwhile, the company posted 233.6 million yuan in revenue, up 1.1% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 462.9 million yuan in total liabilities, with a liability-to-asset ratio of 26.5%.