Qc Solar(Suzhou) Co.,Ltd.’s Net Profit Rose 84.6% in First Quarter of 2023

Qc Solar(Suzhou) Co.,Ltd. (苏州快可光伏电子股份有限公司) (301278.SZ) reported a net profit of 38.5 million yuan in the first quarter of 2023, up 84.6% year-on-year.

Meanwhile, the company posted 304.2 million yuan in revenue, up 22.5% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 457 million yuan in total liabilities, with a liability-to-asset ratio of 30.5%.