Zhangjiagang Guangda Special Material Co.,Ltd.’s Net Profit Rose 222.9% in First Quarter of 2023

Zhangjiagang Guangda Special Material Co.,Ltd. (张家港广大特材股份有限公司) (688186.SH) reported a net profit of 76.9 million yuan in the first quarter of 2023, up 222.9% year-on-year.

Meanwhile, the company posted 862.7 million yuan in revenue, up 30.2% year-on-year.

At the end of the reporting period, it had 10.6 billion yuan in total assets and 6.7 billion yuan in total liabilities, with a liability-to-asset ratio of 63.5%.