Shenzhen Sunshine Laser&Electronics Technology Co.,Ltd.’s Net Profit Dropped 76.9% in First Quarter of 2023

Shenzhen Sunshine Laser&Electronics Technology Co.,Ltd. (深圳光韵达光电科技股份有限公司) (300227.SZ) reported a net profit of 4.2 million yuan in the first quarter of 2023, down 76.9% year-on-year.

Meanwhile, the company posted 211.3 million yuan in revenue, down 3.6% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 942 million yuan in total liabilities, with a liability-to-asset ratio of 37.2%.