Ave Science And Technology Co.,Ltd.’s Net Profit Dropped 63.3% in First Quarter of 2023

Ave Science And Technology Co.,Ltd. (爱威科技股份有限公司) (688067.SH) reported a net profit of 2.1 million yuan in the first quarter of 2023, down 63.3% year-on-year.

Meanwhile, the company posted 40.9 million yuan in revenue, down 11.2% year-on-year.

At the end of the reporting period, it had 537.8 million yuan in total assets and 60.6 million yuan in total liabilities, with a liability-to-asset ratio of 11.3%.