Xinjiang Tianrun Dairy Co.,Ltd.’s Net Profit Dropped 7.9% in First Three Quarters of 2023

Xinjiang Tianrun Dairy Co.,Ltd. (新疆天润乳业股份有限公司) (600419.SH) reported a net profit of 145.6 million yuan in the first three quarters of 2023, down 7.9% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, up 12.5% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 51.5%.