Guangdong Chant Group Inc.’s Net Profit Rose 234.1% in First Quarter of 2023

Guangdong Chant Group Inc. (广东长青(集团)股份有限公司) (002616.SZ) reported a net profit of 16.7 million yuan in the first quarter of 2023, up 234.1% year-on-year.

Meanwhile, the company posted 946.7 million yuan in revenue, up 14.2% year-on-year.

At the end of the reporting period, it had 10.1 billion yuan in total assets and 7.5 billion yuan in total liabilities, with a liability-to-asset ratio of 74.9%.