Zhongjie(Jiangsu) Technology Co.,Ltd.’s Net Profit Dropped 24.5% in First Quarter of 2023

Zhongjie(Jiangsu) Technology Co.,Ltd. (江苏中捷精工科技股份有限公司) (301072.SZ) reported a net profit of 6.9 million yuan in the first quarter of 2023, down 24.5% year-on-year.

Meanwhile, the company posted 163.2 million yuan in revenue, up 1.6% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 267.3 million yuan in total liabilities, with a liability-to-asset ratio of 24.4%.