Hangzhou Great Star Industrial Co.,Ltd.’s Net Profit Rose 62.2% in First Quarter of 2023

Hangzhou Great Star Industrial Co.,Ltd. (杭州巨星科技股份有限公司) (002444.SZ) reported a net profit of 303.1 million yuan in the first quarter of 2023, up 62.2% year-on-year.

Meanwhile, the company posted 2.6 billion yuan in revenue, down 11.1% year-on-year.

At the end of the reporting period, it had 18.5 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 24.7%.