Fspg Hi-Tech Co.,Ltd.’s Net Profit Dropped 36.8% in First Quarter of 2023

Fspg Hi-Tech Co.,Ltd. (佛山佛塑科技集团股份有限公司) (000973.SZ) reported a net profit of 25.3 million yuan in the first quarter of 2023, down 36.8% year-on-year.

Meanwhile, the company posted 609.4 million yuan in revenue, up 6.7% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 24.7%.