Guangdong Qunxing Toys Joint-Stock Co.,Ltd.’s Net Profit Rose 102.4% in First Quarter of 2023

Guangdong Qunxing Toys Joint-Stock Co.,Ltd. (广东群兴玩具股份有限公司) (002575.SZ) reported a net profit of 3.5 million yuan in the first quarter of 2023, up 102.4% year-on-year.

Meanwhile, the company posted 8.7 million yuan in revenue, up 44.4% year-on-year.

At the end of the reporting period, it had 823.5 million yuan in total assets and 25.3 million yuan in total liabilities, with a liability-to-asset ratio of 3.1%.