Skyworth Digital Co.,Ltd.’s Net Profit Dropped 46% in First Quarter of 2023

Skyworth Digital Co.,Ltd. (创维数字股份有限公司) (000810.SZ) reported a net profit of 111.8 million yuan in the first quarter of 2023, down 46% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, down 15.5% year-on-year.

At the end of the reporting period, it had 10.6 billion yuan in total assets and 4.4 billion yuan in total liabilities, with a liability-to-asset ratio of 42.1%.