Iat Automobile Technology Co.,Ltd.’s Net Profit Rose 37.9% in First Quarter of 2023

Iat Automobile Technology Co.,Ltd. (阿尔特汽车技术股份有限公司) (300825.SZ) reported a net profit of 26 million yuan in the first quarter of 2023, up 37.9% year-on-year.

Meanwhile, the company posted 238 million yuan in revenue, up 12.5% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 753.3 million yuan in total liabilities, with a liability-to-asset ratio of 23.3%.