Jiangsu Suyan Jingshen Co.,Ltd.’s Net Profit Dropped 15.4% in First Quarter of 2023

Jiangsu Suyan Jingshen Co.,Ltd. (江苏苏盐井神股份有限公司) (603299.SH) reported a net profit of 208.7 million yuan in the first quarter of 2023, down 15.4% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 1.5% year-on-year.

At the end of the reporting period, it had 10.3 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 46%.