Uni-Trend Technology(China) Co.,Ltd.’s Net Profit Dropped 23.8% in First Quarter of 2023

Uni-Trend Technology(China) Co.,Ltd. (优利德科技(中国)股份有限公司) (688628.SH) reported a net profit of 40.3 million yuan in the first quarter of 2023, down 23.8% year-on-year.

Meanwhile, the company posted 237.7 million yuan in revenue, down 24.5% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 238.6 million yuan in total liabilities, with a liability-to-asset ratio of 17.8%.