Nanjing Develop Advanced Manufacturing Co.,Ltd.’s Net Profit Rose 0.1% in First Quarter of 2023

Nanjing Develop Advanced Manufacturing Co.,Ltd. (南京迪威尔高端制造股份有限公司) (688377.SH) reported a net profit of 30.5 million yuan in the first quarter of 2023, up 0.1% year-on-year.

Meanwhile, the company posted 270.7 million yuan in revenue, up 35.1% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 735.6 million yuan in total liabilities, with a liability-to-asset ratio of 30.8%.