May 03, 2023 08:00 AM

Konka Group Co.,Ltd.’s Net Profit Rose 183.3% in First Quarter of 2023

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Konka Group Co.,Ltd. (康佳集团股份有限公司) (000016.SZ) reported a net profit of 91.1 million yuan in the first quarter of 2023, up 183.3% year-on-year.

Meanwhile, the company posted 4.6 billion yuan in revenue, down 44.7% year-on-year.

At the end of the reporting period, it had 38.3 billion yuan in total assets and 29.8 billion yuan in total liabilities, with a liability-to-asset ratio of 77.7%.

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