Wuhan Hanshang Group Co.,Ltd.’s Net Profit Rose 18.7% in First Quarter of 2023

Wuhan Hanshang Group Co.,Ltd. (汉商集团股份有限公司) (600774.SH) reported a net profit of 19.6 million yuan in the first quarter of 2023, up 18.7% year-on-year.

Meanwhile, the company posted 361.4 million yuan in revenue, up 1.2% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 52%.