Urovo Technology Co.,Ltd.’s Net Profit Dropped 47.6% in First Quarter of 2023

Urovo Technology Co.,Ltd. (深圳市优博讯科技股份有限公司) (300531.SZ) reported a net profit of 15.1 million yuan in the first quarter of 2023, down 47.6% year-on-year.

Meanwhile, the company posted 298.2 million yuan in revenue, up 0.5% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 705.1 million yuan in total liabilities, with a liability-to-asset ratio of 28.7%.