Xinjiang Tianshun Supply Chain Co.,Ltd.’s Net Profit Dropped 48.2% in First Quarter of 2023

Xinjiang Tianshun Supply Chain Co.,Ltd. (新疆天顺供应链股份有限公司) (002800.SZ) reported a net profit of 5 million yuan in the first quarter of 2023, down 48.2% year-on-year.

Meanwhile, the company posted 318.2 million yuan in revenue, down 13.8% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 446.6 million yuan in total liabilities, with a liability-to-asset ratio of 43.5%.