Sbt Ultrasonic Technology Co.,Ltd.’s Net Profit Rose 69.2% in First Quarter of 2023

Sbt Ultrasonic Technology Co.,Ltd. (上海骄成超声波技术股份有限公司) (688392.SH) reported a net profit of 30.2 million yuan in the first quarter of 2023, up 69.2% year-on-year.

Meanwhile, the company posted 162.4 million yuan in revenue, up 76.5% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 426.1 million yuan in total liabilities, with a liability-to-asset ratio of 19.3%.