Hongda High-Tech Holding Co.,Ltd.’s Net Profit Rose 13.1% in First Quarter of 2023

Hongda High-Tech Holding Co.,Ltd. (宏达高科控股股份有限公司) (002144.SZ) reported a net profit of 17.5 million yuan in the first quarter of 2023, up 13.1% year-on-year.

Meanwhile, the company posted 120.2 million yuan in revenue, up 3.2% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 179.1 million yuan in total liabilities, with a liability-to-asset ratio of 8.3%.