Baoding Lucky Innovative Materials Co.,Ltd.’s Net Profit Rose 16% in First Quarter of 2023

Baoding Lucky Innovative Materials Co.,Ltd. (保定乐凯新材料股份有限公司) (300446.SZ) reported a net profit of 1.6 million yuan in the first quarter of 2023, up 16% year-on-year.

Meanwhile, the company posted 46.7 million yuan in revenue, up 11% year-on-year.

At the end of the reporting period, it had 811.3 million yuan in total assets and 126.1 million yuan in total liabilities, with a liability-to-asset ratio of 15.5%.