Sichuan Hexie Shuangma Co.,Ltd.’s Net Profit Dropped 20% in First Quarter of 2023

Sichuan Hexie Shuangma Co.,Ltd. (四川和谐双马股份有限公司) (000935.SZ) reported a net profit of 212.2 million yuan in the first quarter of 2023, down 20% year-on-year.

Meanwhile, the company posted 233.3 million yuan in revenue, down 17.6% year-on-year.

At the end of the reporting period, it had 7.4 billion yuan in total assets and 646.9 million yuan in total liabilities, with a liability-to-asset ratio of 8.8%.