Lens Technology Co.,Ltd. Posted 66.4 Million Yuan Net Profit in First Quarter of 2023

Lens Technology Co.,Ltd. (蓝思科技股份有限公司) (300433.SZ) reported a net profit of 66.4 million yuan in the first quarter of 2023, reversing a net loss of 396.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 9.8 billion yuan in revenue, up 5.4% year-on-year.

At the end of the reporting period, it had 72.9 billion yuan in total assets and 28.5 billion yuan in total liabilities, with a liability-to-asset ratio of 39.1%.