Jiangsu Huaxicun Co.,Ltd.’s Net Profit Dropped 10.5% in First Quarter of 2023

Jiangsu Huaxicun Co.,Ltd. (江苏华西村股份有限公司) (000936.SZ) reported a net profit of 22.2 million yuan in the first quarter of 2023, down 10.5% year-on-year.

Meanwhile, the company posted 673.3 million yuan in revenue, up 0.3% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 22.9%.