Shanghai Titan Scientific Co.,Ltd.’s Net Profit Rose 27.6% in First Quarter of 2023

Shanghai Titan Scientific Co.,Ltd. (上海泰坦科技股份有限公司) (688133.SH) reported a net profit of 26.2 million yuan in the first quarter of 2023, up 27.6% year-on-year.

Meanwhile, the company posted 655.3 million yuan in revenue, up 12.7% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 30%.