Guangdong Ellington Electronics Technology Co.,Ltd.’s Net Profit Rose 101.2% in First Quarter of 2023

Guangdong Ellington Electronics Technology Co.,Ltd. (广东依顿电子科技股份有限公司) (603328.SH) reported a net profit of 76.6 million yuan in the first quarter of 2023, up 101.2% year-on-year.

Meanwhile, the company posted 789.9 million yuan in revenue, up 10.7% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 28.5%.