Shenzhen United Winners Laser Co.,Ltd.’s Net Profit Rose 487.8% in First Quarter of 2023

Shenzhen United Winners Laser Co.,Ltd. (深圳市联赢激光股份有限公司) (688518.SH) reported a net profit of 88.1 million yuan in the first quarter of 2023, up 487.8% year-on-year.

Meanwhile, the company posted 766.4 million yuan in revenue, up 106.3% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 59.4%.