Shanghai Pret Composites Co.,Ltd.’s Net Profit Rose 359% in First Quarter of 2023

Shanghai Pret Composites Co.,Ltd. (上海普利特复合材料股份有限公司) (002324.SZ) reported a net profit of 110.2 million yuan in the first quarter of 2023, up 359% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 47.1% year-on-year.

At the end of the reporting period, it had 9 billion yuan in total assets and 5.8 billion yuan in total liabilities, with a liability-to-asset ratio of 64.2%.