Bestway Marine&Energy Technology Co.,Ltd.’s Net Profit Rose 69.9% in First Quarter of 2023

Bestway Marine&Energy Technology Co.,Ltd. (天海融合防务装备技术股份有限公司) (300008.SZ) reported a net profit of 9.5 million yuan in the first quarter of 2023, up 69.9% year-on-year.

Meanwhile, the company posted 658.4 million yuan in revenue, up 77.1% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 54.1%.