Fujian Septwolves Industry Co.,Ltd.’s Net Profit Rose 67.4% in First Quarter of 2023

Fujian Septwolves Industry Co.,Ltd. (福建七匹狼实业股份有限公司) (002029.SZ) reported a net profit of 103.6 million yuan in the first quarter of 2023, up 67.4% year-on-year.

Meanwhile, the company posted 909.3 million yuan in revenue, up 2.7% year-on-year.

At the end of the reporting period, it had 11 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 41.7%.