Ribo Fashion Group Co.,Ltd.’s Net Profit Rose 50.7% in First Quarter of 2023

Ribo Fashion Group Co.,Ltd. (日播时尚集团股份有限公司) (603196.SH) reported a net profit of 12.2 million yuan in the first quarter of 2023, up 50.7% year-on-year.

Meanwhile, the company posted 247.4 million yuan in revenue, up 2.2% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 353.1 million yuan in total liabilities, with a liability-to-asset ratio of 30.3%.