Zhonghang Electronic Measuring Instruments Co.,Ltd.’s Net Profit Dropped 12.9% in First Quarter of 2023

Zhonghang Electronic Measuring Instruments Co.,Ltd. (中航电测仪器股份有限公司) (300114.SZ) reported a net profit of 21.5 million yuan in the first quarter of 2023, down 12.9% year-on-year.

Meanwhile, the company posted 357.8 million yuan in revenue, down 12.6% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 36.9%.