Xinjiang Xintai Natural Gas Co.,Ltd.’s Net Profit Dropped 16.3% in First Three Quarters of 2023

Xinjiang Xintai Natural Gas Co.,Ltd. (新疆鑫泰天然气股份有限公司) (603393.SH) reported a net profit of 1 billion yuan in the first three quarters of 2023, down 16.3% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, up 6.5% year-on-year.

At the end of the reporting period, it had 14.2 billion yuan in total assets and 6.7 billion yuan in total liabilities, with a liability-to-asset ratio of 47%.