Sichuan Jiuzhou Electric Co.,Ltd.’s Net Profit Rose 23.2% in First Quarter of 2023

Sichuan Jiuzhou Electric Co.,Ltd. (四川九洲电器股份有限公司) (000801.SZ) reported a net profit of 49.5 million yuan in the first quarter of 2023, up 23.2% year-on-year.

Meanwhile, the company posted 923.7 million yuan in revenue, up 11% year-on-year.

At the end of the reporting period, it had 6.2 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 48.7%.