Suofeiya Home Collection Co.,Ltd.’s Net Profit Dropped 7.8% in First Quarter of 2023

Suofeiya Home Collection Co.,Ltd. (索菲亚家居股份有限公司) (002572.SZ) reported a net profit of 104.1 million yuan in the first quarter of 2023, down 7.8% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 9.7% year-on-year.

At the end of the reporting period, it had 12.6 billion yuan in total assets and 6.5 billion yuan in total liabilities, with a liability-to-asset ratio of 51.3%.