Guo Chuang Software Co.,Ltd.’s Net Profit Dropped 82.6% in First Quarter of 2023

Guo Chuang Software Co.,Ltd. (科大国创软件股份有限公司) (300520.SZ) reported a net profit of 4.1 million yuan in the first quarter of 2023, down 82.6% year-on-year.

Meanwhile, the company posted 537.9 million yuan in revenue, up 56.8% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 61.2%.