Flying Technology Co.,Ltd.’s Net Profit Rose 3483.1% in First Quarter of 2023

Flying Technology Co.,Ltd. (展鹏科技股份有限公司) (603488.SH) reported a net profit of 15.8 million yuan in the first quarter of 2023, up 3483.1% year-on-year.

Meanwhile, the company posted 89.4 million yuan in revenue, up 33% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 182.9 million yuan in total liabilities, with a liability-to-asset ratio of 15.5%.