Moso Power Supply Technology Co.,Ltd.’s Net Profit Rose 92% in First Quarter of 2023

Moso Power Supply Technology Co.,Ltd. (茂硕电源科技股份有限公司) (002660.SZ) reported a net profit of 18.8 million yuan in the first quarter of 2023, up 92% year-on-year.

Meanwhile, the company posted 329.7 million yuan in revenue, down 2.4% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 574.9 million yuan in total liabilities, with a liability-to-asset ratio of 31.4%.