Liaoyuan Joyson Electronic Co.,Ltd. Posted 189.2 Million Yuan Net Profit in First Quarter of 2023

Liaoyuan Joyson Electronic Co.,Ltd. (宁波均胜电子股份有限公司) (600699.SH) reported a net profit of 189.2 million yuan in the first quarter of 2023, reversing a net loss of 306.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 13.2 billion yuan in revenue, up 12.7% year-on-year.

At the end of the reporting period, it had 53.6 billion yuan in total assets and 35.8 billion yuan in total liabilities, with a liability-to-asset ratio of 66.9%.