Shanghai Jahwa United Co.,Ltd.’s Net Profit Rose 15.6% in First Quarter of 2023

Shanghai Jahwa United Co.,Ltd. (上海家化联合股份有限公司) (600315.SH) reported a net profit of 230.4 million yuan in the first quarter of 2023, up 15.6% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 6.5% year-on-year.

At the end of the reporting period, it had 12.6 billion yuan in total assets and 5.1 billion yuan in total liabilities, with a liability-to-asset ratio of 40.5%.