Hangzhou Jiebai Group Co.,Limited.’s Net Profit Rose 21.4% in First Quarter of 2023

Hangzhou Jiebai Group Co.,Limited. (杭州解百集团股份有限公司) (600814.SH) reported a net profit of 198.7 million yuan in the first quarter of 2023, up 21.4% year-on-year.

Meanwhile, the company posted 579.6 million yuan in revenue, up 9.9% year-on-year.

At the end of the reporting period, it had 8.8 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 48.2%.