Baoxiniao Holding Co.,Ltd.’s Net Profit Rose 26.4% in First Quarter of 2023

Baoxiniao Holding Co.,Ltd. (报喜鸟控股股份有限公司) (002154.SZ) reported a net profit of 259.9 million yuan in the first quarter of 2023, up 26.4% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 11.5% year-on-year.

At the end of the reporting period, it had 6.1 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 28.9%.