Lotus Health Group Company’s Net Profit Rose 40.6% in First Quarter of 2023

Lotus Health Group Company (莲花健康产业集团股份有限公司) (600186.SH) reported a net profit of 22 million yuan in the first quarter of 2023, up 40.6% year-on-year.

Meanwhile, the company posted 455.8 million yuan in revenue, up 9.2% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 51.1%.