Gansu Yasheng Industrial(Group) Co.,Ltd.’s Net Profit Rose 4.6% in First Quarter of 2023

Gansu Yasheng Industrial(Group) Co.,Ltd. (甘肃亚盛实业(集团)股份有限公司) (600108.SH) reported a net profit of 26 million yuan in the first quarter of 2023, up 4.6% year-on-year.

Meanwhile, the company posted 621.3 million yuan in revenue, up 5.2% year-on-year.

At the end of the reporting period, it had 8.6 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 52.5%.