Jiangsu Shentong Valve Co.,Ltd.’s Net Profit Rose 2.9% in First Quarter of 2023

Jiangsu Shentong Valve Co.,Ltd. (江苏神通阀门股份有限公司) (002438.SZ) reported a net profit of 76 million yuan in the first quarter of 2023, up 2.9% year-on-year.

Meanwhile, the company posted 497.1 million yuan in revenue, down 2.8% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 46.1%.