Daqing Huake Co.,Ltd.’s Net Profit Dropped 82.5% in First Quarter of 2023

Daqing Huake Co.,Ltd. (大庆华科股份有限公司) (000985.SZ) reported a net profit of 2.3 million yuan in the first quarter of 2023, down 82.5% year-on-year.

Meanwhile, the company posted 629.2 million yuan in revenue, up 2% year-on-year.

At the end of the reporting period, it had 723.2 million yuan in total assets and 118 million yuan in total liabilities, with a liability-to-asset ratio of 16.3%.