Wuhan Guide Infrared Co.,Ltd.’s Net Profit Dropped 79.6% in First Quarter of 2023

Wuhan Guide Infrared Co.,Ltd. (武汉高德红外股份有限公司) (002414.SZ) reported a net profit of 63.5 million yuan in the first quarter of 2023, down 79.6% year-on-year.

Meanwhile, the company posted 443.3 million yuan in revenue, down 40.2% year-on-year.

At the end of the reporting period, it had 8.8 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 18%.