Eastcompeace Technology Co.,Ltd.’s Net Profit Rose 347.6% in First Quarter of 2023

Eastcompeace Technology Co.,Ltd. (东信和平科技股份有限公司) (002017.SZ) reported a net profit of 40 million yuan in the first quarter of 2023, up 347.6% year-on-year.

Meanwhile, the company posted 350.3 million yuan in revenue, up 28.4% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 44.8%.