Jiayou International Logistics(Beijing) Co.,Ltd.’s Net Profit Rose 87.2% in First Quarter of 2023

Jiayou International Logistics(Beijing) Co.,Ltd. (嘉友国际物流股份有限公司) (603871.SH) reported a net profit of 202.1 million yuan in the first quarter of 2023, up 87.2% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 143.6% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 24.4%.