Guangdong Biolight Meditech Co.,Ltd.’s Net Profit Rose 97.8% in First Quarter of 2023

Guangdong Biolight Meditech Co.,Ltd. (广东宝莱特医用科技股份有限公司) (300246.SZ) reported a net profit of 28.3 million yuan in the first quarter of 2023, up 97.8% year-on-year.

Meanwhile, the company posted 344.6 million yuan in revenue, up 18.1% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 40.6%.