Sichuan Kexin Mechanical And Electrical Equipment Co.,Ltd.’s Net Profit Rose 35% in First Quarter of 2023

Sichuan Kexin Mechanical And Electrical Equipment Co.,Ltd. (四川科新机电股份有限公司) (300092.SZ) reported a net profit of 45.3 million yuan in the first quarter of 2023, up 35% year-on-year.

Meanwhile, the company posted 387.5 million yuan in revenue, up 44.1% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 39.6%.