Ningbo Sanxing Medical Electric Co.,Ltd.’s Net Profit Rose 60.6% in First Quarter of 2023

Ningbo Sanxing Medical Electric Co.,Ltd. (宁波三星医疗电气股份有限公司) (601567.SH) reported a net profit of 272.6 million yuan in the first quarter of 2023, up 60.6% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 13.4% year-on-year.

At the end of the reporting period, it had 16.3 billion yuan in total assets and 6.4 billion yuan in total liabilities, with a liability-to-asset ratio of 39%.