Zhejiang Yankon Group Co.,Ltd.’s Net Profit Rose 2834.6% in First Quarter of 2023

Zhejiang Yankon Group Co.,Ltd. (浙江阳光照明电器集团股份有限公司) (600261.SH) reported a net profit of 59.2 million yuan in the first quarter of 2023, up 2834.6% year-on-year.

Meanwhile, the company posted 762.1 million yuan in revenue, down 20.8% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 32.1%.