Hand Enterprise Solutions Co.,Ltd.’s Net Profit Dropped 90.7% in First Quarter of 2023

Hand Enterprise Solutions Co.,Ltd. (上海汉得信息技术股份有限公司) (300170.SZ) reported a net profit of 31.8 million yuan in the first quarter of 2023, down 90.7% year-on-year.

Meanwhile, the company posted 720.5 million yuan in revenue, up 1.1% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 32.3%.