Jihua Group (601718): Net Profit In The First Quarter Fell 77.50% Year On Year
On April 12, Jihua Group (601718) released its report for the first quarter of 2023. The operating revenue in the first quarter was 2.748 billion yuan, down 32.44% year on year; The net profit attributable to shareholders of the listed company was 23.9472 million yuan, down 77.50% year on year; The net profit attributable to shareholders of the listed company after deducting non recurring profit and loss is -14.3765 million yuan. The Company's overall closure of trade business led to a significant year-on-year decrease in trade business income.
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