Hangzhou Toka Ink Co.,Ltd.’s Net Profit Rose 41.8% in First Quarter of 2023

Hangzhou Toka Ink Co.,Ltd. (杭华油墨股份有限公司) (688571.SH) reported a net profit of 13.6 million yuan in the first quarter of 2023, up 41.8% year-on-year.

Meanwhile, the company posted 243.9 million yuan in revenue, down 12.7% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 312.7 million yuan in total liabilities, with a liability-to-asset ratio of 18.1%.