Shenzhen Heungkong Holding Co.,Ltd.’s Net Profit Rose 56% in First Quarter of 2023

Shenzhen Heungkong Holding Co.,Ltd. (深圳香江控股股份有限公司) (600162.SH) reported a net profit of 70 million yuan in the first quarter of 2023, up 56% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 11.1% year-on-year.

At the end of the reporting period, it had 22.8 billion yuan in total assets and 16 billion yuan in total liabilities, with a liability-to-asset ratio of 70%.