Micro-Tech(Nanjing) Co.,Ltd.’s Net Profit Rose 127.2% in First Quarter of 2023

Micro-Tech(Nanjing) Co.,Ltd. (南微医学科技股份有限公司) (688029.SH) reported a net profit of 103.4 million yuan in the first quarter of 2023, up 127.2% year-on-year.

Meanwhile, the company posted 550.1 million yuan in revenue, up 24.3% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 585.3 million yuan in total liabilities, with a liability-to-asset ratio of 14.8%.