Sanjiang Shopping Club Co.,Ltd.’s Net Profit Rose 11.3% in First Quarter of 2023

Sanjiang Shopping Club Co.,Ltd. (三江购物俱乐部股份有限公司) (601116.SH) reported a net profit of 52.7 million yuan in the first quarter of 2023, up 11.3% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 3.1% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 37%.