Mingchen Health Co.,Ltd.’s Net Profit Rose 1981.8% in First Quarter of 2023

Mingchen Health Co.,Ltd. (名臣健康用品股份有限公司) (002919.SZ) reported a net profit of 34.1 million yuan in the first quarter of 2023, up 1981.8% year-on-year.

Meanwhile, the company posted 406.8 million yuan in revenue, up 173% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 491 million yuan in total liabilities, with a liability-to-asset ratio of 38.8%.