Cnlight Co.,Ltd. Posted 990,506 Yuan Net Profit in First Quarter of 2023

Cnlight Co.,Ltd. (广东雪莱特光电科技股份有限公司) (002076.SZ) reported a net profit of 990,506 yuan in the first quarter of 2023, reversing a net loss of 21.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 30.5 million yuan in revenue, down 9.3% year-on-year.

At the end of the reporting period, it had 587.2 million yuan in total assets and 320.7 million yuan in total liabilities, with a liability-to-asset ratio of 54.6%.