Tofflon Science And Technology Group Co.,Ltd.’s Net Profit Rose 9.9% in First Quarter of 2023

Tofflon Science And Technology Group Co.,Ltd. (东富龙科技集团股份有限公司) (300171.SZ) reported a net profit of 243.3 million yuan in the first quarter of 2023, up 9.9% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 15% year-on-year.

At the end of the reporting period, it had 13.3 billion yuan in total assets and 5.4 billion yuan in total liabilities, with a liability-to-asset ratio of 40.4%.