Gansu Yatai Industrial Developent Co.,Ltd. Posted 4.4 Million Yuan Net Profit in First Quarter of 2023

Gansu Yatai Industrial Developent Co.,Ltd. (甘肃亚太实业发展股份有限公司) (000691.SZ) reported a net profit of 4.4 million yuan in the first quarter of 2023, reversing a net loss of 4.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 118.7 million yuan in revenue, up 69.2% year-on-year.

At the end of the reporting period, it had 726.2 million yuan in total assets and 406.9 million yuan in total liabilities, with a liability-to-asset ratio of 56%.