Anhui Jinhe Industrial Co.,Ltd.’s Net Profit Dropped 44.5% in First Quarter of 2023

Anhui Jinhe Industrial Co.,Ltd. (安徽金禾实业股份有限公司) (002597.SZ) reported a net profit of 245.4 million yuan in the first quarter of 2023, down 44.5% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 27.1% year-on-year.

At the end of the reporting period, it had 10.7 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 32.3%.