Huachangda Intelligent Equipment Group Co.,Ltd.’s Net Profit Rose 26.2% in First Quarter of 2023

Huachangda Intelligent Equipment Group Co.,Ltd. (华昌达智能装备集团股份有限公司) (300278.SZ) reported a net profit of 22.4 million yuan in the first quarter of 2023, up 26.2% year-on-year.

Meanwhile, the company posted 613.6 million yuan in revenue, down 26% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 42.7%.