Fujian Super Tech Advanced Material Co.,Ltd.’s Net Profit Rose 5.1% in First Quarter of 2023

Fujian Super Tech Advanced Material Co.,Ltd. (福建赛特新材股份有限公司) (688398.SH) reported a net profit of 11.4 million yuan in the first quarter of 2023, up 5.1% year-on-year.

Meanwhile, the company posted 152.6 million yuan in revenue, up 1.5% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 235.9 million yuan in total liabilities, with a liability-to-asset ratio of 19.9%.