Sinosoft Co.,Ltd.’s Net Profit Rose 219.4% in First Quarter of 2023

Sinosoft Co.,Ltd. (中科软科技股份有限公司) (603927.SH) reported a net profit of 23 million yuan in the first quarter of 2023, up 219.4% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 2.4% year-on-year.

At the end of the reporting period, it had 6.7 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 58.5%.