Shanghai Dzh Limited Posted 303.7 Million Yuan Net Profit in First Quarter of 2023

Shanghai Dzh Limited (上海大智慧股份有限公司) (601519.SH) reported a net profit of 303.7 million yuan in the first quarter of 2023, reversing a net loss of 47.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 168.2 million yuan in revenue, up 9.1% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 530.6 million yuan in total liabilities, with a liability-to-asset ratio of 21.7%.