Wintao Communications Co.,Ltd.’s Net Profit Rose 7.9% in First Quarter of 2023

Wintao Communications Co.,Ltd. (元道通信股份有限公司) (301139.SZ) reported a net profit of 21.4 million yuan in the first quarter of 2023, up 7.9% year-on-year.

Meanwhile, the company posted 439.1 million yuan in revenue, up 5.3% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 662.8 million yuan in total liabilities, with a liability-to-asset ratio of 26.2%.