Shandong Head Group Co.,Ltd.’s Net Profit Dropped 24.4% in First Quarter of 2023

Shandong Head Group Co.,Ltd. (山东赫达集团股份有限公司) (002810.SZ) reported a net profit of 72.8 million yuan in the first quarter of 2023, down 24.4% year-on-year.

Meanwhile, the company posted 375 million yuan in revenue, down 4.3% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 41.1%.