Zhejiang Entive Smart Kitchen Appliance Co.,Ltd.’s Net Profit Dropped 8.7% in First Quarter of 2023

Zhejiang Entive Smart Kitchen Appliance Co.,Ltd. (浙江亿田智能厨电股份有限公司) (300911.SZ) reported a net profit of 40.7 million yuan in the first quarter of 2023, down 8.7% year-on-year.

Meanwhile, the company posted 228.4 million yuan in revenue, down 7.4% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 493.9 million yuan in total liabilities, with a liability-to-asset ratio of 26.3%.