Guangdong Homa Group Co.,Ltd.’s Net Profit Rose 402.3% in First Quarter of 2023

Guangdong Homa Group Co.,Ltd. (广东奥马电器股份有限公司) (002668.SZ) reported a net profit of 347.4 million yuan in the first quarter of 2023, up 402.3% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 19.6% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 70.3%.