Shenzhen S.C New Energy Technology Corporation’s Net Profit Rose 23.5% in First Quarter of 2023

Shenzhen S.C New Energy Technology Corporation (深圳市捷佳伟创新能源装备股份有限公司) (300724.SZ) reported a net profit of 336.4 million yuan in the first quarter of 2023, up 23.5% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 41.7% year-on-year.

At the end of the reporting period, it had 23.2 billion yuan in total assets and 15.7 billion yuan in total liabilities, with a liability-to-asset ratio of 67.6%.