Cssc Science&Technology Co.,Ltd.’s Net Profit Rose 354.2% in First Quarter of 2023

Cssc Science&Technology Co.,Ltd. (中船科技股份有限公司) (600072.SH) reported a net profit of 16.6 million yuan in the first quarter of 2023, up 354.2% year-on-year.

Meanwhile, the company posted 669.6 million yuan in revenue, up 42.3% year-on-year.

At the end of the reporting period, it had 7.8 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 44.2%.