Baosheng Science And Technology Innovation Co.,Ltd.’s Net Profit Rose 12.7% in First Quarter of 2023

Baosheng Science And Technology Innovation Co.,Ltd. (宝胜科技创新股份有限公司) (600973.SH) reported a net profit of 42.3 million yuan in the first quarter of 2023, up 12.7% year-on-year.

Meanwhile, the company posted 10.4 billion yuan in revenue, up 4.2% year-on-year.

At the end of the reporting period, it had 22.9 billion yuan in total assets and 17.9 billion yuan in total liabilities, with a liability-to-asset ratio of 78.2%.