Jiangsu Nata Opto-Electronic Material Co.,Ltd.’s Net Profit Dropped 11.3% in First Quarter of 2023

Jiangsu Nata Opto-Electronic Material Co.,Ltd. (江苏南大光电材料股份有限公司) (300346.SZ) reported a net profit of 94.7 million yuan in the first quarter of 2023, down 11.3% year-on-year.

Meanwhile, the company posted 398.2 million yuan in revenue, down 3.1% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 48.1%.