Beijing Huafeng Test&Control Technology Co.,Ltd.’s Net Profit Dropped 38.9% in First Quarter of 2023

Beijing Huafeng Test&Control Technology Co.,Ltd. (北京华峰测控技术股份有限公司) (688200.SH) reported a net profit of 74.7 million yuan in the first quarter of 2023, down 38.9% year-on-year.

Meanwhile, the company posted 200.1 million yuan in revenue, down 22.9% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 186.9 million yuan in total liabilities, with a liability-to-asset ratio of 5.4%.