Beijing Worldia Diamond Tools Co.,Ltd.’s Net Profit Rose 40.9% in First Quarter of 2023

Beijing Worldia Diamond Tools Co.,Ltd. (北京沃尔德金刚石工具股份有限公司) (688028.SH) reported a net profit of 10 million yuan in the first quarter of 2023, up 40.9% year-on-year.

Meanwhile, the company posted 107.8 million yuan in revenue, up 56.3% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 151.7 million yuan in total liabilities, with a liability-to-asset ratio of 7.4%.