Suzhou Kelida Building&Decoration Co.,Ltd. Posted 5.7 Million Yuan Net Profit in First Quarter of 2023

Suzhou Kelida Building&Decoration Co.,Ltd. (苏州柯利达装饰股份有限公司) (603828.SH) reported a net profit of 5.7 million yuan in the first quarter of 2023, reversing a net loss of 39.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 362.2 million yuan in revenue, down 21.6% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 81.2%.