Shanghai Lily&Beauty Cosmetics Co.,Ltd. Posted 24.7 Million Yuan Net Loss in First Quarter of 2023

Shanghai Lily&Beauty Cosmetics Co.,Ltd. (上海丽人丽妆化妆品股份有限公司) (605136.SH) reported a net loss of 24.7 million yuan in the first quarter of 2023, reversing a net profit of 12.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 614.3 million yuan in revenue, down 14.1% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 255.4 million yuan in total liabilities, with a liability-to-asset ratio of 9.4%.