Zhejiang Semir Garment Co.,Ltd.’s Net Profit Rose 55% in First Quarter of 2023

Zhejiang Semir Garment Co.,Ltd. (浙江森马服饰股份有限公司) (002563.SZ) reported a net profit of 310.8 million yuan in the first quarter of 2023, up 55% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, down 9.3% year-on-year.

At the end of the reporting period, it had 17.6 billion yuan in total assets and 6.4 billion yuan in total liabilities, with a liability-to-asset ratio of 36.2%.