Suzhou Delphi Laser Co.,Ltd.’s Net Profit Dropped 79.8% in First Quarter of 2023

Suzhou Delphi Laser Co.,Ltd. (苏州德龙激光股份有限公司) (688170.SH) reported a net profit of 4.8 million yuan in the first quarter of 2023, down 79.8% year-on-year.

Meanwhile, the company posted 97.8 million yuan in revenue, down 28.4% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 327.2 million yuan in total liabilities, with a liability-to-asset ratio of 19.9%.