Antong Holdings Co.,Ltd.’s Net Profit Dropped 84.3% in First Quarter of 2023

Antong Holdings Co.,Ltd. (安通控股股份有限公司) (600179.SH) reported a net profit of 82.6 million yuan in the first quarter of 2023, down 84.3% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 15.3% year-on-year.

At the end of the reporting period, it had 13.1 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 26%.