Chongqing Zaisheng Technology Corp.,Ltd.’s Net Profit Dropped 41.2% in First Quarter of 2023

Chongqing Zaisheng Technology Corp.,Ltd. (重庆再升科技股份有限公司) (603601.SH) reported a net profit of 35.8 million yuan in the first quarter of 2023, down 41.2% year-on-year.

Meanwhile, the company posted 377.4 million yuan in revenue, up 2.5% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 32.4%.