Hangzhou Shunwang Technology Co.,Ltd.’s Net Profit Rose 21.4% in First Quarter of 2023

Hangzhou Shunwang Technology Co.,Ltd. (杭州顺网科技股份有限公司) (300113.SZ) reported a net profit of 48.7 million yuan in the first quarter of 2023, up 21.4% year-on-year.

Meanwhile, the company posted 364.4 million yuan in revenue, up 35.6% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 366 million yuan in total liabilities, with a liability-to-asset ratio of 15.9%.