Yibin Tianyuan Group Co.,Ltd.’s Net Profit Dropped 66.6% in First Quarter of 2023

Yibin Tianyuan Group Co.,Ltd. (宜宾天原集团股份有限公司) (002386.SZ) reported a net profit of 56.7 million yuan in the first quarter of 2023, down 66.6% year-on-year.

Meanwhile, the company posted 3.7 billion yuan in revenue, down 4.2% year-on-year.

At the end of the reporting period, it had 17.7 billion yuan in total assets and 9.4 billion yuan in total liabilities, with a liability-to-asset ratio of 53%.