Gohigh Networks Co.,Ltd.’s Net Profit Rose 108.9% in First Quarter of 2023

Gohigh Networks Co.,Ltd. (大唐高鸿网络股份有限公司) (000851.SZ) reported a net profit of 5.2 million yuan in the first quarter of 2023, up 108.9% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 19.8% year-on-year.

At the end of the reporting period, it had 10.4 billion yuan in total assets and 5.4 billion yuan in total liabilities, with a liability-to-asset ratio of 51.8%.