Flat Glass Group Co.,Ltd.’s Net Profit Rose 17.1% in First Quarter of 2023

Flat Glass Group Co.,Ltd. (福莱特玻璃集团股份有限公司) (601865.SH) reported a net profit of 511.5 million yuan in the first quarter of 2023, up 17.1% year-on-year.

Meanwhile, the company posted 5.4 billion yuan in revenue, up 52.9% year-on-year.

At the end of the reporting period, it had 34 billion yuan in total assets and 19.5 billion yuan in total liabilities, with a liability-to-asset ratio of 57.3%.