Shanghai 2345 Network Holding Group Co.,Ltd.’s Net Profit Rose 3.2% in First Quarter of 2023

Shanghai 2345 Network Holding Group Co.,Ltd. (上海二三四五网络控股集团股份有限公司) (002195.SZ) reported a net profit of 110.3 million yuan in the first quarter of 2023, up 3.2% year-on-year.

Meanwhile, the company posted 143.2 million yuan in revenue, down 22.8% year-on-year.

At the end of the reporting period, it had 9.9 billion yuan in total assets and 404.8 million yuan in total liabilities, with a liability-to-asset ratio of 4.1%.