Ruitai Materials Technology Co.,Ltd.’s Net Profit Rose 5.4% in First Quarter of 2023

Ruitai Materials Technology Co.,Ltd. (瑞泰科技股份有限公司) (002066.SZ) reported a net profit of 39.8 million yuan in the first quarter of 2023, up 5.4% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 13% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 74%.