Suntak Technology Co.,Ltd.’s Net Profit Dropped 9.4% in First Quarter of 2023

Suntak Technology Co.,Ltd. (崇达技术股份有限公司) (002815.SZ) reported a net profit of 156 million yuan in the first quarter of 2023, down 9.4% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 5% year-on-year.

At the end of the reporting period, it had 11.6 billion yuan in total assets and 4 billion yuan in total liabilities, with a liability-to-asset ratio of 34.1%.