Shenzhen Sunlord Electronics Co.,Ltd.’s Net Profit Dropped 49.1% in First Quarter of 2023

Shenzhen Sunlord Electronics Co.,Ltd. (深圳顺络电子股份有限公司) (002138.SZ) reported a net profit of 100.5 million yuan in the first quarter of 2023, down 49.1% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 1.7% year-on-year.

At the end of the reporting period, it had 11.1 billion yuan in total assets and 5.1 billion yuan in total liabilities, with a liability-to-asset ratio of 45.9%.