Xinjiang Haoyuan Natural Gas Co.,Ltd.’s Net Profit Rose 40.2% in First Quarter of 2023

Xinjiang Haoyuan Natural Gas Co.,Ltd. (新疆浩源天然气股份有限公司) (002700.SZ) reported a net profit of 17.7 million yuan in the first quarter of 2023, up 40.2% year-on-year.

Meanwhile, the company posted 161.6 million yuan in revenue, down 1.2% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 235.7 million yuan in total liabilities, with a liability-to-asset ratio of 24.5%.