Zhejiang Red Dragonfly Footwear Co.,Ltd.’s Net Profit Rose 64.6% in First Quarter of 2023

Zhejiang Red Dragonfly Footwear Co.,Ltd. (浙江红蜻蜓鞋业股份有限公司) (603116.SH) reported a net profit of 19.7 million yuan in the first quarter of 2023, up 64.6% year-on-year.

Meanwhile, the company posted 604.3 million yuan in revenue, up 11.9% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 28.4%.