Chongqing Fuling Zhacai Group Co.,Ltd.’s Net Profit Rose 22% in First Quarter of 2023

Chongqing Fuling Zhacai Group Co.,Ltd. (重庆市涪陵榨菜集团股份有限公司) (002507.SZ) reported a net profit of 261.4 million yuan in the first quarter of 2023, up 22% year-on-year.

Meanwhile, the company posted 760.2 million yuan in revenue, up 10.4% year-on-year.

At the end of the reporting period, it had 8.7 billion yuan in total assets and 710.2 million yuan in total liabilities, with a liability-to-asset ratio of 8.1%.