Suzhou Sushi Testing Group Co.,Ltd.’s Net Profit Rose 48.8% in First Quarter of 2023

Suzhou Sushi Testing Group Co.,Ltd. (苏州苏试试验集团股份有限公司) (300416.SZ) reported a net profit of 51.6 million yuan in the first quarter of 2023, up 48.8% year-on-year.

Meanwhile, the company posted 437.9 million yuan in revenue, up 27.5% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 39.9%.