Jiangnan Mould&Plastic Technology Co.,Ltd.’s Net Profit Dropped 29.7% in First Quarter of 2023

Jiangnan Mould&Plastic Technology Co.,Ltd. (江南模塑科技股份有限公司) (000700.SZ) reported a net profit of 66.2 million yuan in the first quarter of 2023, down 29.7% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 14.2% year-on-year.

At the end of the reporting period, it had 9 billion yuan in total assets and 5.8 billion yuan in total liabilities, with a liability-to-asset ratio of 65.1%.