Shanghai Wanye Enterprises Co.,Ltd.’s Net Profit Rose 203.1% in First Quarter of 2023

Shanghai Wanye Enterprises Co.,Ltd. (上海万业企业股份有限公司) (600641.SH) reported a net profit of 69.9 million yuan in the first quarter of 2023, up 203.1% year-on-year.

Meanwhile, the company posted 124.3 million yuan in revenue, up 27.6% year-on-year.

At the end of the reporting period, it had 9.9 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 14.4%.