Epoxy Base Electronic Material Corporation Limited’s Net Profit Dropped 66.9% in First Quarter of 2023

Epoxy Base Electronic Material Corporation Limited (宏昌电子材料股份有限公司) (603002.SH) reported a net profit of 18.5 million yuan in the first quarter of 2023, down 66.9% year-on-year.

Meanwhile, the company posted 544.3 million yuan in revenue, down 38.6% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 31.5%.