Apr 29, 2023 08:00 AM

Bestore Co.,Ltd.’s Net Profit Rose 57% in First Quarter of 2023

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Bestore Co.,Ltd. (良品铺子股份有限公司) (603719.SH) reported a net profit of 148.6 million yuan in the first quarter of 2023, up 57% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 18.9% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 45.6%.

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