Xiamen R&T Plumbing Technology Co.,Ltd.’s Net Profit Rose 9.1% in First Quarter of 2023

Xiamen R&T Plumbing Technology Co.,Ltd. (厦门瑞尔特卫浴科技股份有限公司) (002790.SZ) reported a net profit of 39.3 million yuan in the first quarter of 2023, up 9.1% year-on-year.

Meanwhile, the company posted 395.6 million yuan in revenue, down 2.8% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 503 million yuan in total liabilities, with a liability-to-asset ratio of 20.4%.