Xin Jinag Korla Pear Co.,Ltd. Posted 232,903 Yuan Net Profit in First Quarter of 2023

Xin Jinag Korla Pear Co.,Ltd. (统一低碳科技(新疆)股份有限公司) (600506.SH) reported a net profit of 232,903 yuan in the first quarter of 2023, reversing a net loss of 8.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 684.1 million yuan in revenue, up 1.8% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 81%.