May 03, 2023 08:00 AM

Cosmos Group Co.,Ltd.’s Net Profit Rose 125.6% in First Quarter of 2023

00:00

00:00/00:00

Listen to this article 1x

Cosmos Group Co.,Ltd. (广宇集团股份有限公司) (002133.SZ) reported a net profit of 196.8 million yuan in the first quarter of 2023, up 125.6% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 26.2% year-on-year.

At the end of the reporting period, it had 19.4 billion yuan in total assets and 14.7 billion yuan in total liabilities, with a liability-to-asset ratio of 75.7%.

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Save an extra $50. Introductory offer for new readers. Subscribe now.

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: Huaiyang Cuisine Takes Center Stage at Trump Banquet

NEWSLETTERS

Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription

PODCAST

China Business Uncovered Podcast: Inside Vanke and China’s Property Reckoning

00:00

00:00/00:00

MOST POPULAR

1: In Depth: As China’s Hidden Local Debts Shrink, a New Challenge Emerges

2: China Taps Industry Veteran Ding Xiangqun to Lead Top Financial Regulator

3: EU Fines Temu 200 Million Euros for Letting in Unsafe Products

4: China Steps Up Enforcement of Critical Mineral Export Controls

5: China Unveils Sweeping Five-Year Urban Renewal Plan