Deluxe Family Co.,Ltd. Posted 13.4 Million Yuan Net Loss in First Quarter of 2023

Deluxe Family Co.,Ltd. (华丽家族股份有限公司) (600503.SH) reported a net loss of 13.4 million yuan in the first quarter of 2023, reversing a net profit of 63.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 10.5 million yuan in revenue, up 53.8% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 869.4 million yuan in total liabilities, with a liability-to-asset ratio of 19.2%.