Lancy Co.,Ltd. Posted 57.3 Million Yuan Net Profit in First Quarter of 2023

Lancy Co.,Ltd. (朗姿股份有限公司) (002612.SZ) reported a net profit of 57.3 million yuan in the first quarter of 2023, reversing a net loss of 8.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 21.3% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 48.5%.