Catarc Automotive Proving Ground Co.,Ltd.’s Net Profit Rose 63.3% in First Quarter of 2023

Catarc Automotive Proving Ground Co.,Ltd. (中汽研汽车试验场股份有限公司) (301215.SZ) reported a net profit of 31.4 million yuan in the first quarter of 2023, up 63.3% year-on-year.

Meanwhile, the company posted 71.5 million yuan in revenue, up 19.2% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 456.5 million yuan in total liabilities, with a liability-to-asset ratio of 14.2%.