Wuchan Zhongda Geron Co.,Ltd.’s Net Profit Dropped 49.8% in First Quarter of 2023

Wuchan Zhongda Geron Co.,Ltd. (物产中大金轮蓝海股份有限公司) (002722.SZ) reported a net profit of 18.3 million yuan in the first quarter of 2023, down 49.8% year-on-year.

Meanwhile, the company posted 603.1 million yuan in revenue, down 2.5% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 525.6 million yuan in total liabilities, with a liability-to-asset ratio of 17.8%.