Guangdong Create Centuryintelligent Equipment Group Corporation Limited’s Net Profit Dropped 24.5% in First Quarter of 2023

Guangdong Create Centuryintelligent Equipment Group Corporation Limited (广东创世纪智能装备集团股份有限公司) (300083.SZ) reported a net profit of 128.1 million yuan in the first quarter of 2023, down 24.5% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 12.5% year-on-year.

At the end of the reporting period, it had 9.1 billion yuan in total assets and 4.3 billion yuan in total liabilities, with a liability-to-asset ratio of 47.5%.