Zhewen Interactive Group Co.,Ltd.’s Net Profit Rose 5.8% in First Quarter of 2023

Zhewen Interactive Group Co.,Ltd. (浙文互联集团股份有限公司) (600986.SH) reported a net profit of 38.6 million yuan in the first quarter of 2023, up 5.8% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, down 31.5% year-on-year.

At the end of the reporting period, it had 7.5 billion yuan in total assets and 3.3 billion yuan in total liabilities, with a liability-to-asset ratio of 44.5%.