Ningbo David Medical Device Co.,Ltd.’s Net Profit Rose 421.8% in First Quarter of 2023

Ningbo David Medical Device Co.,Ltd. (宁波戴维医疗器械股份有限公司) (300314.SZ) reported a net profit of 50 million yuan in the first quarter of 2023, up 421.8% year-on-year.

Meanwhile, the company posted 157.9 million yuan in revenue, up 61.6% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 173.8 million yuan in total liabilities, with a liability-to-asset ratio of 13.6%.