Gansu Dunhuang Seed Group Co.,Ltd.’s Net Profit Rose 93.6% in First Quarter of 2023

Gansu Dunhuang Seed Group Co.,Ltd. (甘肃省敦煌种业集团股份有限公司) (600354.SH) reported a net profit of 59.4 million yuan in the first quarter of 2023, up 93.6% year-on-year.

Meanwhile, the company posted 351.2 million yuan in revenue, up 70.3% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 60.9%.