Shanghai Bolex Food Technology Co.,Ltd.’s Net Profit Rose 79.2% in First Quarter of 2023

Shanghai Bolex Food Technology Co.,Ltd. (上海宝立食品科技股份有限公司) (603170.SH) reported a net profit of 78.4 million yuan in the first quarter of 2023, up 79.2% year-on-year.

Meanwhile, the company posted 539.3 million yuan in revenue, up 27.2% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 356.8 million yuan in total liabilities, with a liability-to-asset ratio of 22.6%.