Apr 29, 2023 08:00 AM

Shanghai Fortune Techgroup Co.,Ltd.’s Net Profit Dropped 42.8% in First Quarter of 2023

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Shanghai Fortune Techgroup Co.,Ltd. (上海润欣科技股份有限公司) (300493.SZ) reported a net profit of 7.4 million yuan in the first quarter of 2023, down 42.8% year-on-year.

Meanwhile, the company posted 413.8 million yuan in revenue, down 2.3% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 529.8 million yuan in total liabilities, with a liability-to-asset ratio of 34.2%.

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