Guangdong Hec Technology Holding Co.,Ltd.’s Net Profit Dropped 78.9% in First Quarter of 2023

Guangdong Hec Technology Holding Co.,Ltd. (广东东阳光科技控股股份有限公司) (600673.SH) reported a net profit of 63.3 million yuan in the first quarter of 2023, down 78.9% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, down 4.5% year-on-year.

At the end of the reporting period, it had 24.5 billion yuan in total assets and 13.7 billion yuan in total liabilities, with a liability-to-asset ratio of 56.1%.