Zhongfu Shenying Carbon Fiber Co.,Ltd.’s Net Profit Rose 11.3% in First Quarter of 2023

Zhongfu Shenying Carbon Fiber Co.,Ltd. (中复神鹰碳纤维股份有限公司) (688295.SH) reported a net profit of 131.1 million yuan in the first quarter of 2023, up 11.3% year-on-year.

Meanwhile, the company posted 568.4 million yuan in revenue, up 23.7% year-on-year.

At the end of the reporting period, it had 7.7 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 38.2%.