Shenzhen Shengxunda Technology Co.,Ltd.’s Net Profit Dropped 70.3% in First Quarter of 2023

Shenzhen Shengxunda Technology Co.,Ltd. (深圳市盛讯达科技股份有限公司) (300518.SZ) reported a net profit of 18.3 million yuan in the first quarter of 2023, down 70.3% year-on-year.

Meanwhile, the company posted 118.3 million yuan in revenue, down 41.2% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 301.8 million yuan in total liabilities, with a liability-to-asset ratio of 15.7%.