Jiangsu Changshu Automotive Trim Group Co.,Ltd.’s Net Profit Rose 20.3% in First Quarter of 2023

Jiangsu Changshu Automotive Trim Group Co.,Ltd. (江苏常熟汽饰集团股份有限公司) (603035.SH) reported a net profit of 91.5 million yuan in the first quarter of 2023, up 20.3% year-on-year.

Meanwhile, the company posted 844.9 million yuan in revenue, up 23.9% year-on-year.

At the end of the reporting period, it had 8.6 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 45.3%.