Jiangsu Yunyi Electric Co.,Ltd.’s Net Profit Rose 1203% in First Quarter of 2023

Jiangsu Yunyi Electric Co.,Ltd. (江苏云意电气股份有限公司) (300304.SZ) reported a net profit of 85.3 million yuan in the first quarter of 2023, up 1203% year-on-year.

Meanwhile, the company posted 335.1 million yuan in revenue, up 24.4% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 843.6 million yuan in total liabilities, with a liability-to-asset ratio of 23.9%.