Hengdian Group Tospo Lighting Co.,Ltd.’s Net Profit Rose 11.6% in First Quarter of 2023

Hengdian Group Tospo Lighting Co.,Ltd. (横店集团得邦照明股份有限公司) (603303.SH) reported a net profit of 66.5 million yuan in the first quarter of 2023, up 11.6% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 11.9% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 43%.