Guangdong Topstrong Living Innovation&Integration Co.,Ltd.’s Net Profit Rose 25% in First Quarter of 2023

Guangdong Topstrong Living Innovation&Integration Co.,Ltd. (广东顶固集创家居股份有限公司) (300749.SZ) reported a net profit of 3.9 million yuan in the first quarter of 2023, up 25% year-on-year.

Meanwhile, the company posted 224 million yuan in revenue, up 22.2% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 823.8 million yuan in total liabilities, with a liability-to-asset ratio of 53%.