Loctek Ergonomic Technology Corp.’s Net Profit Rose 2046.8% in First Quarter of 2023

Loctek Ergonomic Technology Corp. (乐歌人体工学科技股份有限公司) (300729.SZ) reported a net profit of 390.7 million yuan in the first quarter of 2023, up 2046.8% year-on-year.

Meanwhile, the company posted 796.4 million yuan in revenue, up 4.3% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 56.8%.