Tederic Machinery Co.,Ltd.’s Net Profit Rose 19.3% in First Quarter of 2023

Tederic Machinery Co.,Ltd. (泰瑞机器股份有限公司) (603289.SH) reported a net profit of 33.8 million yuan in the first quarter of 2023, up 19.3% year-on-year.

Meanwhile, the company posted 289.7 million yuan in revenue, up 12.4% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 613.4 million yuan in total liabilities, with a liability-to-asset ratio of 30.7%.