Zhuhai Orbita Aerospace Science&Technology Co.,Ltd.’s Net Profit Rose 239.8% in First Quarter of 2023

Zhuhai Orbita Aerospace Science&Technology Co.,Ltd. (珠海欧比特宇航科技股份有限公司) (300053.SZ) reported a net profit of 27 million yuan in the first quarter of 2023, up 239.8% year-on-year.

Meanwhile, the company posted 120.4 million yuan in revenue, down 13% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 600.5 million yuan in total liabilities, with a liability-to-asset ratio of 19.3%.