Tungkong Inc.’s Net Profit Rose 1.5% in First Quarter of 2023

Tungkong Inc. (东港股份有限公司) (002117.SZ) reported a net profit of 46.7 million yuan in the first quarter of 2023, up 1.5% year-on-year.

Meanwhile, the company posted 304.5 million yuan in revenue, up 1.2% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 483.1 million yuan in total liabilities, with a liability-to-asset ratio of 23.5%.