Shanghai Lonyer Fuels Co.,Ltd.’s Net Profit Rose 26.8% in First Quarter of 2023

Shanghai Lonyer Fuels Co.,Ltd. (上海龙宇数据股份有限公司) (603003.SH) reported a net profit of 31 million yuan in the first quarter of 2023, up 26.8% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 18.3% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 22.3%.