May 03, 2023 08:00 AM

Bros Eastern Co.,Ltd.’s Net Profit Dropped 75.6% in First Quarter of 2023

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Bros Eastern Co.,Ltd. (百隆东方股份有限公司) (601339.SH) reported a net profit of 84.1 million yuan in the first quarter of 2023, down 75.6% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 24.8% year-on-year.

At the end of the reporting period, it had 15.9 billion yuan in total assets and 5.9 billion yuan in total liabilities, with a liability-to-asset ratio of 37%.

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