Hangzhou Sunrise Technology Co.,Ltd.’s Net Profit Rose 66% in First Quarter of 2023

Hangzhou Sunrise Technology Co.,Ltd. (杭州炬华科技股份有限公司) (300360.SZ) reported a net profit of 119.3 million yuan in the first quarter of 2023, up 66% year-on-year.

Meanwhile, the company posted 377.5 million yuan in revenue, up 28.5% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 793.3 million yuan in total liabilities, with a liability-to-asset ratio of 19.7%.