Shenzhen V&T Technologies Co.,Ltd.’s Net Profit Dropped 20.4% in First Quarter of 2023

Shenzhen V&T Technologies Co.,Ltd. (深圳市蓝海华腾技术股份有限公司) (300484.SZ) reported a net profit of 10.5 million yuan in the first quarter of 2023, down 20.4% year-on-year.

Meanwhile, the company posted 68.1 million yuan in revenue, down 29.3% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 252.6 million yuan in total liabilities, with a liability-to-asset ratio of 26.5%.