Xinjiang Joinworld Co.,Ltd.’s Net Profit Rose 12.5% in First Quarter of 2023

Xinjiang Joinworld Co.,Ltd. (新疆众和股份有限公司) (600888.SH) reported a net profit of 429.2 million yuan in the first quarter of 2023, up 12.5% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 31.5% year-on-year.

At the end of the reporting period, it had 15.2 billion yuan in total assets and 6.3 billion yuan in total liabilities, with a liability-to-asset ratio of 41.1%.