Hangzhou Onechance Tech Corp.’s Net Profit Dropped 23.2% in First Quarter of 2023

Hangzhou Onechance Tech Corp. (杭州壹网壹创科技股份有限公司) (300792.SZ) reported a net profit of 42.7 million yuan in the first quarter of 2023, down 23.2% year-on-year.

Meanwhile, the company posted 278.7 million yuan in revenue, up 4.6% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 301.8 million yuan in total liabilities, with a liability-to-asset ratio of 9.8%.