Alpha Group Posted 28.7 Million Yuan Net Profit in First Quarter of 2021

Alpha Group (002292.SZ) reported a net profit of 28.7 million yuan in the first quarter of 2021, reversing a net loss of 39.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 672.6 million yuan in revenue, up 35.2% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 42.8%.

This article was automatically produced by Caixin Automation on April 29, 2021.

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