Zhejiang Netsun Co.,Ltd.’s Net Profit Dropped 40.6% in First Quarter of 2023

Zhejiang Netsun Co.,Ltd. (浙江网盛生意宝股份有限公司) (002095.SZ) reported a net profit of 4.6 million yuan in the first quarter of 2023, down 40.6% year-on-year.

Meanwhile, the company posted 166.6 million yuan in revenue, up 29.8% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 434.7 million yuan in total liabilities, with a liability-to-asset ratio of 26.6%.