Shanghai Zijiang Enterprise Group Co.,Ltd.’s Net Profit Dropped 1.4% in First Quarter of 2023

Shanghai Zijiang Enterprise Group Co.,Ltd. (上海紫江企业集团股份有限公司) (600210.SH) reported a net profit of 134.5 million yuan in the first quarter of 2023, down 1.4% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, down 4.7% year-on-year.

At the end of the reporting period, it had 12.3 billion yuan in total assets and 6.3 billion yuan in total liabilities, with a liability-to-asset ratio of 50.9%.