Baoji Titanium Industry Co.,Ltd.’s Net Profit Dropped 23.6% in First Quarter of 2023

Baoji Titanium Industry Co.,Ltd. (宝鸡钛业股份有限公司) (600456.SH) reported a net profit of 163.3 million yuan in the first quarter of 2023, down 23.6% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 18.4% year-on-year.

At the end of the reporting period, it had 12.9 billion yuan in total assets and 6.1 billion yuan in total liabilities, with a liability-to-asset ratio of 46.9%.