Cangzhou Mingzhu Plastic Co.,Ltd.’s Net Profit Rose 46.1% in First Quarter of 2023

Cangzhou Mingzhu Plastic Co.,Ltd. (沧州明珠塑料股份有限公司) (002108.SZ) reported a net profit of 86 million yuan in the first quarter of 2023, up 46.1% year-on-year.

Meanwhile, the company posted 625.4 million yuan in revenue, up 22.7% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 25.6%.