Shanghai Maling Aquarius Co.,Ltd.’s Net Profit Dropped 42.5% in First Quarter of 2023

Shanghai Maling Aquarius Co.,Ltd. (上海梅林正广和股份有限公司) (600073.SH) reported a net profit of 178.2 million yuan in the first quarter of 2023, down 42.5% year-on-year.

Meanwhile, the company posted 5.7 billion yuan in revenue, down 11.2% year-on-year.

At the end of the reporting period, it had 14.7 billion yuan in total assets and 7.8 billion yuan in total liabilities, with a liability-to-asset ratio of 52.6%.