Zhejiang Kangsheng Co.,Ltd. Posted 6.8 Million Yuan Net Profit in First Quarter of 2023

Zhejiang Kangsheng Co.,Ltd. (浙江康盛股份有限公司) (002418.SZ) reported a net profit of 6.8 million yuan in the first quarter of 2023, reversing a net loss of 10.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 506.3 million yuan in revenue, down 51.1% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 49.4%.