Guangzhou Kdt Machinery Co.,Ltd.’s Net Profit Rose 15.5% in First Quarter of 2023

Guangzhou Kdt Machinery Co.,Ltd. (广州弘亚数控机械股份有限公司) (002833.SZ) reported a net profit of 123.4 million yuan in the first quarter of 2023, up 15.5% year-on-year.

Meanwhile, the company posted 588.8 million yuan in revenue, up 8.4% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 31.7%.