Yindu Kitchen Equipment Co.,Ltd.’s Net Profit Dropped 21.4% in First Quarter of 2023

Yindu Kitchen Equipment Co.,Ltd. (银都餐饮设备股份有限公司) (603277.SH) reported a net profit of 97.5 million yuan in the first quarter of 2023, down 21.4% year-on-year.

Meanwhile, the company posted 597.9 million yuan in revenue, down 10.2% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 898.4 million yuan in total liabilities, with a liability-to-asset ratio of 25.5%.