Shenzhen Av-Display Co.,Ltd.’s Net Profit Rose 22.1% in First Quarter of 2023

Shenzhen Av-Display Co.,Ltd. (深圳秋田微电子股份有限公司) (300939.SZ) reported a net profit of 31.7 million yuan in the first quarter of 2023, up 22.1% year-on-year.

Meanwhile, the company posted 242.5 million yuan in revenue, down 4.6% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 279.3 million yuan in total liabilities, with a liability-to-asset ratio of 17.4%.