Beijing Longruan Technologies Inc.’s Net Profit Rose 40.2% in First Quarter of 2023

Beijing Longruan Technologies Inc. (北京龙软科技股份有限公司) (688078.SH) reported a net profit of 12.9 million yuan in the first quarter of 2023, up 40.2% year-on-year.

Meanwhile, the company posted 53.3 million yuan in revenue, up 24.8% year-on-year.

At the end of the reporting period, it had 795.2 million yuan in total assets and 134.6 million yuan in total liabilities, with a liability-to-asset ratio of 16.9%.