Well Lead Medical Co.,Ltd.’s Net Profit Rose 39.5% in First Quarter of 2023

Well Lead Medical Co.,Ltd. (广州维力医疗器械股份有限公司) (603309.SH) reported a net profit of 57.8 million yuan in the first quarter of 2023, up 39.5% year-on-year.

Meanwhile, the company posted 361.6 million yuan in revenue, up 20.2% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 640.6 million yuan in total liabilities, with a liability-to-asset ratio of 26.3%.