Gl Tech Co.,Ltd.’s Net Profit Rose 8.9% in First Quarter of 2023

Gl Tech Co.,Ltd. (光力科技股份有限公司) (300480.SZ) reported a net profit of 22 million yuan in the first quarter of 2023, up 8.9% year-on-year.

Meanwhile, the company posted 143.1 million yuan in revenue, up 19.2% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 257.3 million yuan in total liabilities, with a liability-to-asset ratio of 15.3%.