Myhome Real Estate Development Group Co.,Ltd. Posted 108.1 Million Yuan Net Profit in First Quarter of 2023

Myhome Real Estate Development Group Co.,Ltd. (美好置业集团股份有限公司) (000667.SZ) reported a net profit of 108.1 million yuan in the first quarter of 2023, reversing a net loss of 178.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.6 billion yuan in revenue, up 5.1% year-on-year.

At the end of the reporting period, it had 17 billion yuan in total assets and 15.3 billion yuan in total liabilities, with a liability-to-asset ratio of 90%.