Guangdong Orient Zirconic Ind Sci And Tech Co.,Ltd.’s Net Profit Dropped 87.1% in First Quarter of 2023

Guangdong Orient Zirconic Ind Sci And Tech Co.,Ltd. (广东东方锆业科技股份有限公司) (002167.SZ) reported a net profit of 7.7 million yuan in the first quarter of 2023, down 87.1% year-on-year.

Meanwhile, the company posted 344.4 million yuan in revenue, down 6.6% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 57.2%.