Wuhan Zhongyuan Huadian Science&Technology Co.,Ltd. Posted 12.9 Million Yuan Net Profit in First Quarter of 2023

Wuhan Zhongyuan Huadian Science&Technology Co.,Ltd. (武汉中元华电科技股份有限公司) (300018.SZ) reported a net profit of 12.9 million yuan in the first quarter of 2023, reversing a net loss of 25.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 69.7 million yuan in revenue, up 8.3% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 122.2 million yuan in total liabilities, with a liability-to-asset ratio of 9%.