Ginlong Technologies Co.,Ltd.’s Net Profit Rose 97.3% in First Quarter of 2023

Ginlong Technologies Co.,Ltd. (锦浪科技股份有限公司) (300763.SZ) reported a net profit of 324.2 million yuan in the first quarter of 2023, up 97.3% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 50.1% year-on-year.

At the end of the reporting period, it had 19.6 billion yuan in total assets and 12.1 billion yuan in total liabilities, with a liability-to-asset ratio of 61.9%.