Suzhou Nanomicro Technology Co.,Ltd.’s Net Profit Dropped 85.7% in First Quarter of 2023

Suzhou Nanomicro Technology Co.,Ltd. (苏州纳微科技股份有限公司) (688690.SH) reported a net profit of 8.8 million yuan in the first quarter of 2023, down 85.7% year-on-year.

Meanwhile, the company posted 132.1 million yuan in revenue, down 6.2% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 402.6 million yuan in total liabilities, with a liability-to-asset ratio of 19.9%.