Mls Co.,Ltd.’s Net Profit Dropped 23% in First Quarter of 2023

Mls Co.,Ltd. (木林森股份有限公司) (002745.SZ) reported a net profit of 137.4 million yuan in the first quarter of 2023, down 23% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, up 2.1% year-on-year.

At the end of the reporting period, it had 23.9 billion yuan in total assets and 10.3 billion yuan in total liabilities, with a liability-to-asset ratio of 43.1%.