Nanjing Estun Automation Co.,Ltd.’s Net Profit Dropped 28.2% in First Quarter of 2023

Nanjing Estun Automation Co.,Ltd. (南京埃斯顿自动化股份有限公司) (002747.SZ) reported a net profit of 44 million yuan in the first quarter of 2023, down 28.2% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 22.5% year-on-year.

At the end of the reporting period, it had 9.3 billion yuan in total assets and 6.2 billion yuan in total liabilities, with a liability-to-asset ratio of 66.6%.