Jianglong Shipbuilding Co.,Ltd.’s Net Profit Rose 4.5% in First Quarter of 2023

Jianglong Shipbuilding Co.,Ltd. (江龙船艇科技股份有限公司) (300589.SZ) reported a net profit of 4.6 million yuan in the first quarter of 2023, up 4.5% year-on-year.

Meanwhile, the company posted 170.4 million yuan in revenue, up 47.5% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 709.5 million yuan in total liabilities, with a liability-to-asset ratio of 47.2%.