Hi-Trend Technology(Shanghai) Co.,Ltd.’s Net Profit Dropped 8.3% in First Quarter of 2023

Hi-Trend Technology(Shanghai) Co.,Ltd. (钜泉光电科技(上海)股份有限公司) (688391.SH) reported a net profit of 34.5 million yuan in the first quarter of 2023, down 8.3% year-on-year.

Meanwhile, the company posted 136 million yuan in revenue, up 1.2% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 161.2 million yuan in total liabilities, with a liability-to-asset ratio of 7.4%.