Stanley Agriculture Group Co.,Ltd.’s Net Profit Rose 48.7% in First Quarter of 2023

Stanley Agriculture Group Co.,Ltd. (史丹利农业集团股份有限公司) (002588.SZ) reported a net profit of 218.3 million yuan in the first quarter of 2023, up 48.7% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, up 8.5% year-on-year.

At the end of the reporting period, it had 10.5 billion yuan in total assets and 4.1 billion yuan in total liabilities, with a liability-to-asset ratio of 39.3%.