Sanfeng Intelligent Equipment Group Co.,Ltd.’s Net Profit Rose 12.3% in First Quarter of 2023

Sanfeng Intelligent Equipment Group Co.,Ltd. (三丰智能装备集团股份有限公司) (300276.SZ) reported a net profit of 10.9 million yuan in the first quarter of 2023, up 12.3% year-on-year.

Meanwhile, the company posted 401.4 million yuan in revenue, up 29.3% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 55.1%.