Goldcup Electric Apparatus Co.,Ltd.’s Net Profit Rose 49.4% in First Quarter of 2023

Goldcup Electric Apparatus Co.,Ltd. (金杯电工股份有限公司) (002533.SZ) reported a net profit of 130 million yuan in the first quarter of 2023, up 49.4% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, up 8.4% year-on-year.

At the end of the reporting period, it had 7.8 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 47.1%.