Inner Mongolia Yili Industrial Group Co.,Ltd.’s Net Profit Rose 3.1% in First Quarter of 2023

Inner Mongolia Yili Industrial Group Co.,Ltd. (内蒙古伊利实业集团股份有限公司) (600887.SH) reported a net profit of 3.6 billion yuan in the first quarter of 2023, up 3.1% year-on-year.

Meanwhile, the company posted 33.3 billion yuan in revenue, up 7.7% year-on-year.

At the end of the reporting period, it had 147.3 billion yuan in total assets and 89.7 billion yuan in total liabilities, with a liability-to-asset ratio of 60.9%.