Youon Technology Co.,Ltd.’s Net Profit Dropped 21.1% in First Quarter of 2023

Youon Technology Co.,Ltd. (永安行科技股份有限公司) (603776.SH) reported a net profit of 9.5 million yuan in the first quarter of 2023, down 21.1% year-on-year.

Meanwhile, the company posted 124.7 million yuan in revenue, down 26.6% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 32.1%.