Jiangxi Guotai Group Co.,Ltd.’s Net Profit Rose 12.5% in First Quarter of 2023

Jiangxi Guotai Group Co.,Ltd. (江西国泰集团股份有限公司) (603977.SH) reported a net profit of 43.9 million yuan in the first quarter of 2023, up 12.5% year-on-year.

Meanwhile, the company posted 464.7 million yuan in revenue, up 14.7% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 31.9%.