Kbc Corporation,Ltd.’s Net Profit Dropped 41.6% in First Quarter of 2023

Kbc Corporation,Ltd. (湖南金博碳素股份有限公司) (688598.SH) reported a net profit of 118.2 million yuan in the first quarter of 2023, down 41.6% year-on-year.

Meanwhile, the company posted 302 million yuan in revenue, down 32.9% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 889 million yuan in total liabilities, with a liability-to-asset ratio of 12.7%.