Jack Technology Co.,Ltd.’s Net Profit Dropped 41.7% in First Quarter of 2023

Jack Technology Co.,Ltd. (杰克科技股份有限公司) (603337.SH) reported a net profit of 113.8 million yuan in the first quarter of 2023, down 41.7% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 20.5% year-on-year.

At the end of the reporting period, it had 8 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 44.1%.