Nanjing Julong Science&Technology Co.,Ltd.’s Net Profit Dropped 17.4% in First Quarter of 2023

Nanjing Julong Science&Technology Co.,Ltd. (南京聚隆科技股份有限公司) (300644.SZ) reported a net profit of 11.7 million yuan in the first quarter of 2023, down 17.4% year-on-year.

Meanwhile, the company posted 321.5 million yuan in revenue, down 21.6% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 790.8 million yuan in total liabilities, with a liability-to-asset ratio of 49.6%.