Easyhome New Retail Group Co.,Ltd.’s Net Profit Dropped 11.1% in First Quarter of 2023

Easyhome New Retail Group Co.,Ltd. (居然之家新零售集团股份有限公司) (000785.SZ) reported a net profit of 465.7 million yuan in the first quarter of 2023, down 11.1% year-on-year.

Meanwhile, the company posted 3.2 billion yuan in revenue, up 4.5% year-on-year.

At the end of the reporting period, it had 53.6 billion yuan in total assets and 32.3 billion yuan in total liabilities, with a liability-to-asset ratio of 60.4%.