Jiangxi Tianli Technology,Inc.’s Net Profit Rose 791.1% in First Quarter of 2023

Jiangxi Tianli Technology,Inc. (江西天利科技股份有限公司) (300399.SZ) reported a net profit of 6.9 million yuan in the first quarter of 2023, up 791.1% year-on-year.

Meanwhile, the company posted 87.3 million yuan in revenue, down 37.9% year-on-year.

At the end of the reporting period, it had 597 million yuan in total assets and 96 million yuan in total liabilities, with a liability-to-asset ratio of 16.1%.