Valiant Co.,Ltd.’s Net Profit Dropped 23.9% in First Quarter of 2023

Valiant Co.,Ltd. (中节能万润股份有限公司) (002643.SZ) reported a net profit of 190.5 million yuan in the first quarter of 2023, down 23.9% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 24.7% year-on-year.

At the end of the reporting period, it had 9.5 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 26.8%.