Zhejiang Crystal-Optech Co.,Ltd.’s Net Profit Dropped 20.1% in First Quarter of 2023

Zhejiang Crystal-Optech Co.,Ltd. (浙江水晶光电科技股份有限公司) (002273.SZ) reported a net profit of 95.5 million yuan in the first quarter of 2023, down 20.1% year-on-year.

Meanwhile, the company posted 876.9 million yuan in revenue, down 7.3% year-on-year.

At the end of the reporting period, it had 10.2 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 14.3%.