Shenzhen Anche Technologies Co.,Ltd.’s Net Profit Dropped 78% in First Quarter of 2023

Shenzhen Anche Technologies Co.,Ltd. (深圳市安车检测股份有限公司) (300572.SZ) reported a net profit of 3.7 million yuan in the first quarter of 2023, down 78% year-on-year.

Meanwhile, the company posted 110.9 million yuan in revenue, down 5.6% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 658.3 million yuan in total liabilities, with a liability-to-asset ratio of 23%.