Keshun Waterproof Technologies Co.,Ltd.’s Net Profit Dropped 41.6% in First Quarter of 2023

Keshun Waterproof Technologies Co.,Ltd. (科顺防水科技股份有限公司) (300737.SZ) reported a net profit of 57.8 million yuan in the first quarter of 2023, down 41.6% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 7.6% year-on-year.

At the end of the reporting period, it had 13 billion yuan in total assets and 7.4 billion yuan in total liabilities, with a liability-to-asset ratio of 56.7%.