Jiangsu Yuxing Film Technology Co.,Ltd.’s Net Profit Dropped 65.6% in First Quarter of 2023

Jiangsu Yuxing Film Technology Co.,Ltd. (江苏裕兴薄膜科技股份有限公司) (300305.SZ) reported a net profit of 20.5 million yuan in the first quarter of 2023, down 65.6% year-on-year.

Meanwhile, the company posted 501.4 million yuan in revenue, up 29.8% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 36.7%.