Zhangjiagang Furui Special Equipment Co.,Ltd. Posted 5 Million Yuan Net Profit in First Quarter of 2023

Zhangjiagang Furui Special Equipment Co.,Ltd. (张家港富瑞特种装备股份有限公司) (300228.SZ) reported a net profit of 5 million yuan in the first quarter of 2023, reversing a net loss of 20.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 764.2 million yuan in revenue, up 180.7% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 55.4%.