Chengdu Hi-Tech Development Gr0up Co.,Ltd.’s Net Profit Rose 118.7% in First Quarter of 2023

Chengdu Hi-Tech Development Gr0up Co.,Ltd. (成都高新发展股份有限公司) (000628.SZ) reported a net profit of 26.2 million yuan in the first quarter of 2023, up 118.7% year-on-year.

Meanwhile, the company posted 908.8 million yuan in revenue, up 2.1% year-on-year.

At the end of the reporting period, it had 12.9 billion yuan in total assets and 10.9 billion yuan in total liabilities, with a liability-to-asset ratio of 84.5%.