Astro-Century Education&Technology Co.,Ltd.’s Net Profit Rose 17.5% in First Quarter of 2023

Astro-Century Education&Technology Co.,Ltd. (世纪天鸿教育科技股份有限公司) (300654.SZ) reported a net profit of 8.7 million yuan in the first quarter of 2023, up 17.5% year-on-year.

Meanwhile, the company posted 84.8 million yuan in revenue, up 31.5% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 247.6 million yuan in total liabilities, with a liability-to-asset ratio of 23.9%.