New Dazheng Property Group Co.,Ltd.’s Net Profit Rose 8.1% in First Quarter of 2023

New Dazheng Property Group Co.,Ltd. (新大正物业集团股份有限公司) (002968.SZ) reported a net profit of 47.6 million yuan in the first quarter of 2023, up 8.1% year-on-year.

Meanwhile, the company posted 725.1 million yuan in revenue, up 18.7% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 522.9 million yuan in total liabilities, with a liability-to-asset ratio of 30.6%.