Willfar Information Technology Co.,Ltd.’s Net Profit Rose 40.1% in First Quarter of 2023

Willfar Information Technology Co.,Ltd. (威胜信息技术股份有限公司) (688100.SH) reported a net profit of 91.3 million yuan in the first quarter of 2023, up 40.1% year-on-year.

Meanwhile, the company posted 423 million yuan in revenue, up 12.3% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 32.7%.