Guangdong Dongfang Precision Science&Technology Co.,Ltd.’s Net Profit Rose 133.9% in First Quarter of 2023

Guangdong Dongfang Precision Science&Technology Co.,Ltd. (广东东方精工科技股份有限公司) (002611.SZ) reported a net profit of 96.5 million yuan in the first quarter of 2023, up 133.9% year-on-year.

Meanwhile, the company posted 907.1 million yuan in revenue, up 42.6% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 39.5%.