Shandong Dawn Polymer Material Co.,Ltd.’s Net Profit Dropped 34.4% in First Quarter of 2023

Shandong Dawn Polymer Material Co.,Ltd. (山东道恩高分子材料股份有限公司) (002838.SZ) reported a net profit of 36.3 million yuan in the first quarter of 2023, down 34.4% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 11.9% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 34.1%.