Bluestar Adisseo Company’s Net Profit Dropped 99.7% in First Quarter of 2023

Bluestar Adisseo Company (蓝星安迪苏股份有限公司) (600299.SH) reported a net profit of 1.4 million yuan in the first quarter of 2023, down 99.7% year-on-year.

Meanwhile, the company posted 3.2 billion yuan in revenue, down 8.8% year-on-year.

At the end of the reporting period, it had 21.5 billion yuan in total assets and 6.5 billion yuan in total liabilities, with a liability-to-asset ratio of 30.2%.