Jinhong Gas Co.,Ltd.’s Net Profit Rose 52.5% in First Quarter of 2023

Jinhong Gas Co.,Ltd. (金宏气体股份有限公司) (688106.SH) reported a net profit of 63.9 million yuan in the first quarter of 2023, up 52.5% year-on-year.

Meanwhile, the company posted 518.2 million yuan in revenue, up 16.3% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 37.2%.