Guangdong Silver Age Sci&Tech Co.,Ltd. Posted 1.6 Million Yuan Net Profit in First Quarter of 2023

Guangdong Silver Age Sci&Tech Co.,Ltd. (广东银禧科技股份有限公司) (300221.SZ) reported a net profit of 1.6 million yuan in the first quarter of 2023, reversing a net loss of 1.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 378 million yuan in revenue, down 19.7% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 481 million yuan in total liabilities, with a liability-to-asset ratio of 27.3%.