Hebei Jinniu Chemical Industry Co.,Ltd.’s Net Profit Dropped 13.8% in First Quarter of 2023

Hebei Jinniu Chemical Industry Co.,Ltd. (河北金牛化工股份有限公司) (600722.SH) reported a net profit of 19.9 million yuan in the first quarter of 2023, down 13.8% year-on-year.

Meanwhile, the company posted 156.9 million yuan in revenue, up 4.1% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 134.1 million yuan in total liabilities, with a liability-to-asset ratio of 9.7%.