Juli Sling Co.,Ltd.’s Net Profit Dropped 57.4% in First Quarter of 2023

Juli Sling Co.,Ltd. (巨力索具股份有限公司) (002342.SZ) reported a net profit of 2 million yuan in the first quarter of 2023, down 57.4% year-on-year.

Meanwhile, the company posted 473.5 million yuan in revenue, down 7.6% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 47.3%.