Northking Information Technology Co.,Ltd.’s Net Profit Rose 153.4% in First Quarter of 2023

Northking Information Technology Co.,Ltd. (京北方信息技术股份有限公司) (002987.SZ) reported a net profit of 61.3 million yuan in the first quarter of 2023, up 153.4% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 20% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 496.5 million yuan in total liabilities, with a liability-to-asset ratio of 17.9%.