Troy Information Technology Co.,Ltd.’s Net Profit Dropped 53.4% in First Quarter of 2023

Troy Information Technology Co.,Ltd. (创意信息技术股份有限公司) (300366.SZ) reported a net profit of 12.2 million yuan in the first quarter of 2023, down 53.4% year-on-year.

Meanwhile, the company posted 493.6 million yuan in revenue, up 30.7% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 42.6%.