Jiangsu Zhongshe Group Co.,Ltd.’s Net Profit Dropped 8.2% in First Quarter of 2023

Jiangsu Zhongshe Group Co.,Ltd. (江苏中设集团股份有限公司) (002883.SZ) reported a net profit of 12 million yuan in the first quarter of 2023, down 8.2% year-on-year.

Meanwhile, the company posted 150.8 million yuan in revenue, up 1.7% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 453.1 million yuan in total liabilities, with a liability-to-asset ratio of 37.9%.