Yiwu Huading Nylon Co.,Ltd. Posted 2.9 Million Yuan Net Profit in First Quarter of 2023

Yiwu Huading Nylon Co.,Ltd. (义乌华鼎锦纶股份有限公司) (601113.SH) reported a net profit of 2.9 million yuan in the first quarter of 2023, reversing a net loss of 83.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 1.5% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 31.8%.