Hg Technologies Co.,Ltd.’s Net Profit Dropped 20.8% in First Quarter of 2023

Hg Technologies Co.,Ltd. (中船重工汉光科技股份有限公司) (300847.SZ) reported a net profit of 22.6 million yuan in the first quarter of 2023, down 20.8% year-on-year.

Meanwhile, the company posted 251.7 million yuan in revenue, down 10.5% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 124.7 million yuan in total liabilities, with a liability-to-asset ratio of 8.8%.