Sichuan Development Lomon Co.,Ltd.’s Net Profit Dropped 47.6% in First Quarter of 2023

Sichuan Development Lomon Co.,Ltd. (四川发展龙蟒股份有限公司) (002312.SZ) reported a net profit of 150.3 million yuan in the first quarter of 2023, down 47.6% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 14.3% year-on-year.

At the end of the reporting period, it had 17.1 billion yuan in total assets and 7.8 billion yuan in total liabilities, with a liability-to-asset ratio of 45.6%.