Beijing Starneto Technology Co.,Ltd. Posted 24.8 Million Yuan Net Profit in First Quarter of 2023

Beijing Starneto Technology Co.,Ltd. (北京星网宇达科技股份有限公司) (002829.SZ) reported a net profit of 24.8 million yuan in the first quarter of 2023, reversing a net loss of 11.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 123.2 million yuan in revenue, up 149.5% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 727.7 million yuan in total liabilities, with a liability-to-asset ratio of 25.9%.