Xinjiang Western Animal Husbandry Co.,Ltd.’s Net Profit Rose 21.7% in First Quarter of 2023

Xinjiang Western Animal Husbandry Co.,Ltd. (新疆西部牧业股份有限公司) (300106.SZ) reported a net profit of 9.2 million yuan in the first quarter of 2023, up 21.7% year-on-year.

Meanwhile, the company posted 282.3 million yuan in revenue, down 4.9% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 481.1 million yuan in total liabilities, with a liability-to-asset ratio of 39.4%.