Streamax Technology Co.,Ltd. Posted 25 Million Yuan Net Profit in First Quarter of 2023

Streamax Technology Co.,Ltd. (深圳市锐明技术股份有限公司) (002970.SZ) reported a net profit of 25 million yuan in the first quarter of 2023, reversing a net loss of 65.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 365.9 million yuan in revenue, up 46.3% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 782.4 million yuan in total liabilities, with a liability-to-asset ratio of 37.2%.