Tianjin Saixiang Technology Co.,Ltd. Posted 27.8 Million Yuan Net Profit in First Quarter of 2023

Tianjin Saixiang Technology Co.,Ltd. (天津赛象科技股份有限公司) (002337.SZ) reported a net profit of 27.8 million yuan in the first quarter of 2023, reversing a net loss of 4.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 202.7 million yuan in revenue, up 291.3% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 578.4 million yuan in total liabilities, with a liability-to-asset ratio of 31%.