Hengtong Optic-Electric Co.,Ltd.’s Net Profit Rose 12.6% in First Quarter of 2023

Hengtong Optic-Electric Co.,Ltd. (江苏亨通光电股份有限公司) (600487.SH) reported a net profit of 393.3 million yuan in the first quarter of 2023, up 12.6% year-on-year.

Meanwhile, the company posted 10.9 billion yuan in revenue, up 16.2% year-on-year.

At the end of the reporting period, it had 56.5 billion yuan in total assets and 30.7 billion yuan in total liabilities, with a liability-to-asset ratio of 54.4%.