Guangzhou Ruoyuchen Technology Co.,Ltd.’s Net Profit Rose 96% in First Quarter of 2023

Guangzhou Ruoyuchen Technology Co.,Ltd. (广州若羽臣科技股份有限公司) (003010.SZ) reported a net profit of 6.9 million yuan in the first quarter of 2023, up 96% year-on-year.

Meanwhile, the company posted 282.7 million yuan in revenue, down 0.6% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 89.9 million yuan in total liabilities, with a liability-to-asset ratio of 7.7%.