Sanchuan Wisdom Technology Co.,Ltd.’s Net Profit Dropped 60.3% in First Quarter of 2023

Sanchuan Wisdom Technology Co.,Ltd. (三川智慧科技股份有限公司) (300066.SZ) reported a net profit of 13.4 million yuan in the first quarter of 2023, down 60.3% year-on-year.

Meanwhile, the company posted 412.8 million yuan in revenue, up 162.1% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 672.1 million yuan in total liabilities, with a liability-to-asset ratio of 21.5%.