Suqian Unitech Corp.,Ltd.’s Net Profit Dropped 43.4% in First Quarter of 2023

Suqian Unitech Corp.,Ltd. (宿迁联盛科技股份有限公司) (603065.SH) reported a net profit of 44.9 million yuan in the first quarter of 2023, down 43.4% year-on-year.

Meanwhile, the company posted 465.8 million yuan in revenue, down 2.8% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 35.2%.