Beijing Advanced Digital Technology Co.,Ltd. Posted 7.6 Million Yuan Net Profit in First Quarter of 2023

Beijing Advanced Digital Technology Co.,Ltd. (北京先进数通信息技术股份公司) (300541.SZ) reported a net profit of 7.6 million yuan in the first quarter of 2023, reversing a net loss of 11.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 370.3 million yuan in revenue, down 24.5% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 751.7 million yuan in total liabilities, with a liability-to-asset ratio of 37.3%.