Shenzhen Tellus Holding Co.,Ltd.’s Net Profit Dropped 24% in First Quarter of 2023

Shenzhen Tellus Holding Co.,Ltd. (深圳市特力(集团)股份有限公司) (000025.SZ) reported a net profit of 25.4 million yuan in the first quarter of 2023, down 24% year-on-year.

Meanwhile, the company posted 339.8 million yuan in revenue, up 142.6% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 730.8 million yuan in total liabilities, with a liability-to-asset ratio of 30.5%.