Sunsea Aiot Technology Co.,Ltd. Posted 721,767 Yuan Net Profit in First Quarter of 2021

Sunsea Aiot Technology Co.,Ltd. (002313.SZ) reported a net profit of 721,767 yuan in the first quarter of 2021, reversing a net loss of 16.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 869.5 million yuan in revenue, up 29.5% year-on-year.

At the end of the reporting period, it had 7.7 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 64.6%.

This article was automatically produced by Caixin Automation on May 13, 2021.

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