Henan Ancai Hi-Tech Co.,Ltd.’s Net Profit Dropped 21.3% in First Quarter of 2023

Henan Ancai Hi-Tech Co.,Ltd. (河南安彩高科股份有限公司) (600207.SH) reported a net profit of 16.7 million yuan in the first quarter of 2023, down 21.3% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 57% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 3.3 billion yuan in total liabilities, with a liability-to-asset ratio of 50.3%.