Zhejiang Viewshine Intelligent Meter Co.,Ltd.’s Net Profit Dropped 18.2% in First Quarter of 2023

Zhejiang Viewshine Intelligent Meter Co.,Ltd. (浙江威星智能仪表股份有限公司) (002849.SZ) reported a net profit of 9.4 million yuan in the first quarter of 2023, down 18.2% year-on-year.

Meanwhile, the company posted 343.7 million yuan in revenue, up 101.1% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 924.9 million yuan in total liabilities, with a liability-to-asset ratio of 41.7%.