Wg Tech(Jiangxi) Co.,Ltd.’s Net Profit Rose 6.4% in First Quarter of 2023

Wg Tech(Jiangxi) Co.,Ltd. (江西沃格光电股份有限公司) (603773.SH) reported a net profit of 7.8 million yuan in the first quarter of 2023, up 6.4% year-on-year.

Meanwhile, the company posted 346.5 million yuan in revenue, down 2.7% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 52.2%.