Wuhan P&S Information Technology Co.,Ltd.’s Net Profit Dropped 67% in First Quarter of 2023

Wuhan P&S Information Technology Co.,Ltd. (武汉力源信息技术股份有限公司) (300184.SZ) reported a net profit of 33.5 million yuan in the first quarter of 2023, down 67% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 50% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 32.1%.