Meter Instruments Co.,Ltd.’s Net Profit Rose 33.5% in First Quarter of 2023

Meter Instruments Co.,Ltd. (迈拓仪表股份有限公司) (301006.SZ) reported a net profit of 41.2 million yuan in the first quarter of 2023, up 33.5% year-on-year.

Meanwhile, the company posted 99.7 million yuan in revenue, up 32.4% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 156.8 million yuan in total liabilities, with a liability-to-asset ratio of 11.5%.