Zhong Fu Tong Group Co.,Ltd.’s Net Profit Rose 11.5% in First Quarter of 2023

Zhong Fu Tong Group Co.,Ltd. (中富通集团股份有限公司) (300560.SZ) reported a net profit of 15.6 million yuan in the first quarter of 2023, up 11.5% year-on-year.

Meanwhile, the company posted 289.9 million yuan in revenue, up 19.2% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 56.3%.