Zhejiang Giuseppe Garment Co.,Ltd.’s Net Profit Rose 107.8% in First Quarter of 2023

Zhejiang Giuseppe Garment Co.,Ltd. (浙江乔治白服饰股份有限公司) (002687.SZ) reported a net profit of 29.2 million yuan in the first quarter of 2023, up 107.8% year-on-year.

Meanwhile, the company posted 246.5 million yuan in revenue, down 0.4% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 458.5 million yuan in total liabilities, with a liability-to-asset ratio of 24%.