Grg Banking Equipment Co.,Ltd.’s Net Profit Rose 8% in First Quarter of 2023

Grg Banking Equipment Co.,Ltd. (广州广电运通金融电子股份有限公司) (002152.SZ) reported a net profit of 254 million yuan in the first quarter of 2023, up 8% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 5.1% year-on-year.

At the end of the reporting period, it had 19.9 billion yuan in total assets and 6.2 billion yuan in total liabilities, with a liability-to-asset ratio of 31.4%.