Luxin Venture Capital Group Co.,Ltd.’s Net Profit Rose 91.8% in First Quarter of 2023

Luxin Venture Capital Group Co.,Ltd. (鲁信创业投资集团股份有限公司) (600783.SH) reported a net profit of 92.3 million yuan in the first quarter of 2023, up 91.8% year-on-year.

Meanwhile, the company posted 15.2 million yuan in revenue, down 33.2% year-on-year.

At the end of the reporting period, it had 8.5 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 45.3%.