Bethel Auto Safety Systems Co.,Ltd.’s Net Profit Rose 26.5% in First Quarter of 2023

Bethel Auto Safety Systems Co.,Ltd. (芜湖伯特利汽车安全系统股份有限公司) (603596.SH) reported a net profit of 174.9 million yuan in the first quarter of 2023, up 26.5% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 47.9% year-on-year.

At the end of the reporting period, it had 8.8 billion yuan in total assets and 4.1 billion yuan in total liabilities, with a liability-to-asset ratio of 46.3%.