China Fangda Group Co.,Ltd.’s Net Profit Rose 64.2% in First Quarter of 2023

China Fangda Group Co.,Ltd. (方大集团股份有限公司) (000055.SZ) reported a net profit of 73 million yuan in the first quarter of 2023, up 64.2% year-on-year.

Meanwhile, the company posted 815.2 million yuan in revenue, up 25.1% year-on-year.

At the end of the reporting period, it had 12.5 billion yuan in total assets and 6.7 billion yuan in total liabilities, with a liability-to-asset ratio of 53.3%.