Fujian Sbs Zipper Science&Technology Co.,Ltd.’s Net Profit Rose 0.5% in First Quarter of 2023

Fujian Sbs Zipper Science&Technology Co.,Ltd. (福建浔兴拉链科技股份有限公司) (002098.SZ) reported a net profit of 16.9 million yuan in the first quarter of 2023, up 0.5% year-on-year.

Meanwhile, the company posted 389.2 million yuan in revenue, down 17.9% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 689.1 million yuan in total liabilities, with a liability-to-asset ratio of 38.3%.