Shanghai Zhongzhou Special Alloy Materials Co.,Ltd.’s Net Profit Rose 69.3% in First Quarter of 2023

Shanghai Zhongzhou Special Alloy Materials Co.,Ltd. (上海中洲特种合金材料股份有限公司) (300963.SZ) reported a net profit of 21 million yuan in the first quarter of 2023, up 69.3% year-on-year.

Meanwhile, the company posted 222.8 million yuan in revenue, up 42.9% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 406.4 million yuan in total liabilities, with a liability-to-asset ratio of 30%.