Edan Instruments,Inc.’s Net Profit Rose 187.9% in First Quarter of 2023

Edan Instruments,Inc. (深圳市理邦精密仪器股份有限公司) (300206.SZ) reported a net profit of 140.9 million yuan in the first quarter of 2023, up 187.9% year-on-year.

Meanwhile, the company posted 639.7 million yuan in revenue, up 64.2% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 326.3 million yuan in total liabilities, with a liability-to-asset ratio of 14.1%.