Leyard Optoelectronic Co.,Ltd.’s Net Profit Dropped 0.4% in First Quarter of 2023

Leyard Optoelectronic Co.,Ltd. (利亚德光电股份有限公司) (300296.SZ) reported a net profit of 112.2 million yuan in the first quarter of 2023, down 0.4% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 1.2% year-on-year.

At the end of the reporting period, it had 14.3 billion yuan in total assets and 5.9 billion yuan in total liabilities, with a liability-to-asset ratio of 41.5%.