Zhejiang Jasan Holding Group Co.,Ltd.’s Net Profit Dropped 53% in First Quarter of 2023

Zhejiang Jasan Holding Group Co.,Ltd. (浙江健盛集团股份有限公司) (603558.SH) reported a net profit of 38.8 million yuan in the first quarter of 2023, down 53% year-on-year.

Meanwhile, the company posted 496.8 million yuan in revenue, down 6.6% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 32.8%.