Guangdong Shenglu Telecommunication Tech.Co.,Ltd.’s Net Profit Rose 17.8% in First Quarter of 2023

Guangdong Shenglu Telecommunication Tech.Co.,Ltd. (广东盛路通信科技股份有限公司) (002446.SZ) reported a net profit of 73.1 million yuan in the first quarter of 2023, up 17.8% year-on-year.

Meanwhile, the company posted 345.4 million yuan in revenue, down 9.1% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 23.9%.