Jiangsu Aoyang Health Industry Co.,Ltd.’s Net Profit Rose 11.8% in First Quarter of 2023

Jiangsu Aoyang Health Industry Co.,Ltd. (江苏澳洋健康产业股份有限公司) (002172.SZ) reported a net profit of 36.7 million yuan in the first quarter of 2023, up 11.8% year-on-year.

Meanwhile, the company posted 543.9 million yuan in revenue, down 15.5% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 97.5%.