Suzhou Dongshan Precision Manufacturing Co.,Ltd.’s Net Profit Rose 30% in First Quarter of 2023

Suzhou Dongshan Precision Manufacturing Co.,Ltd. (苏州东山精密制造股份有限公司) (002384.SZ) reported a net profit of 471.5 million yuan in the first quarter of 2023, up 30% year-on-year.

Meanwhile, the company posted 6.5 billion yuan in revenue, down 11% year-on-year.

At the end of the reporting period, it had 42.9 billion yuan in total assets and 26.1 billion yuan in total liabilities, with a liability-to-asset ratio of 60.8%.