Shenzhen Minkave Technology Co.,Ltd.’s Net Profit Rose 25.2% in First Quarter of 2023

Shenzhen Minkave Technology Co.,Ltd. (深圳市名家汇科技股份有限公司) (300506.SZ) reported a net profit of 15.9 million yuan in the first quarter of 2023, up 25.2% year-on-year.

Meanwhile, the company posted 28.4 million yuan in revenue, down 77.9% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 901.9 million yuan in total liabilities, with a liability-to-asset ratio of 62.7%.