Shijiazhuang Kelin Electric Co.,Ltd.’s Net Profit Rose 143.4% in First Quarter of 2023

Shijiazhuang Kelin Electric Co.,Ltd. (石家庄科林电气股份有限公司) (603050.SH) reported a net profit of 42.6 million yuan in the first quarter of 2023, up 143.4% year-on-year.

Meanwhile, the company posted 526.5 million yuan in revenue, up 64.8% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 71.1%.