Hangzhou Nbond Nonwovens Co.,Ltd.’s Net Profit Rose 25.4% in First Quarter of 2023

Hangzhou Nbond Nonwovens Co.,Ltd. (杭州诺邦无纺股份有限公司) (603238.SH) reported a net profit of 14.7 million yuan in the first quarter of 2023, up 25.4% year-on-year.

Meanwhile, the company posted 397.5 million yuan in revenue, up 18.7% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 763.4 million yuan in total liabilities, with a liability-to-asset ratio of 33.2%.