Anhui Si'Erte Fertilizer Industry Co.,Ltd.’s Net Profit Dropped 40.7% in First Quarter of 2023

Anhui Si'Erte Fertilizer Industry Co.,Ltd. (安徽省司尔特肥业股份有限公司) (002538.SZ) reported a net profit of 91.5 million yuan in the first quarter of 2023, down 40.7% year-on-year.

Meanwhile, the company posted 883.5 million yuan in revenue, down 38.4% year-on-year.

At the end of the reporting period, it had 6.9 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 21.3%.