Shenzhen Zqgame Co.,Ltd.’s Net Profit Dropped 94.6% in First Quarter of 2023

Shenzhen Zqgame Co.,Ltd. (深圳中青宝互动网络股份有限公司) (300052.SZ) reported a net profit of 243,836 yuan in the first quarter of 2023, down 94.6% year-on-year.

Meanwhile, the company posted 63.3 million yuan in revenue, down 9% year-on-year.

At the end of the reporting period, it had 935.3 million yuan in total assets and 392.7 million yuan in total liabilities, with a liability-to-asset ratio of 42%.