Zhe Jiang Dong Ri Co.,Ltd.’s Net Profit Dropped 68.6% in First Quarter of 2023

Zhe Jiang Dong Ri Co.,Ltd. (浙江东日股份有限公司) (600113.SH) reported a net profit of 23.2 million yuan in the first quarter of 2023, down 68.6% year-on-year.

Meanwhile, the company posted 165.4 million yuan in revenue, down 56.1% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 38.7%.