Beijing Changjiu Logistics Corp.’s Net Profit Rose 415.7% in First Quarter of 2023

Beijing Changjiu Logistics Corp. (北京长久物流股份有限公司) (603569.SH) reported a net profit of 17.7 million yuan in the first quarter of 2023, up 415.7% year-on-year.

Meanwhile, the company posted 883.1 million yuan in revenue, down 5.5% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 51.7%.