Guangdong Sky Dragon Printing Ink Group Co.,Ltd.’s Net Profit Dropped 2.5% in First Quarter of 2023

Guangdong Sky Dragon Printing Ink Group Co.,Ltd. (广东天龙科技集团股份有限公司) (300063.SZ) reported a net profit of 22.4 million yuan in the first quarter of 2023, down 2.5% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 8% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 49.3%.