Wangsu Science&Technology Co.,Ltd.’s Net Profit Rose 79.9% in First Quarter of 2023

Wangsu Science&Technology Co.,Ltd. (网宿科技股份有限公司) (300017.SZ) reported a net profit of 92.7 million yuan in the first quarter of 2023, up 79.9% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 5.2% year-on-year.

At the end of the reporting period, it had 10.6 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 12.9%.