Zhejiang China Commodities City Group Co.,Ltd.’s Net Profit Rose 82.1% in First Quarter of 2023

Zhejiang China Commodities City Group Co.,Ltd. (浙江中国小商品城集团股份有限公司) (600415.SH) reported a net profit of 1.2 billion yuan in the first quarter of 2023, up 82.1% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, up 32.7% year-on-year.

At the end of the reporting period, it had 32.1 billion yuan in total assets and 15.6 billion yuan in total liabilities, with a liability-to-asset ratio of 48.5%.