Shanghai Hi-Tech Control System Co.,Ltd.’s Net Profit Rose 30.2% in First Quarter of 2023

Shanghai Hi-Tech Control System Co.,Ltd. (上海海得控制系统股份有限公司) (002184.SZ) reported a net profit of 20.5 million yuan in the first quarter of 2023, up 30.2% year-on-year.

Meanwhile, the company posted 609.5 million yuan in revenue, up 36.9% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 49.8%.