Jiangsu Wuyang Parking Industry Group Co.,Ltd.’s Net Profit Rose 20.2% in First Quarter of 2023

Jiangsu Wuyang Parking Industry Group Co.,Ltd. (江苏五洋停车产业集团股份有限公司) (300420.SZ) reported a net profit of 8.7 million yuan in the first quarter of 2023, up 20.2% year-on-year.

Meanwhile, the company posted 218.1 million yuan in revenue, down 0.2% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 28.5%.