Nanjing Inform Storage Equipment(Group) Co.,Ltd.’s Net Profit Rose 117.9% in First Quarter of 2023

Nanjing Inform Storage Equipment(Group) Co.,Ltd. (南京音飞储存设备(集团)股份有限公司) (603066.SH) reported a net profit of 47.5 million yuan in the first quarter of 2023, up 117.9% year-on-year.

Meanwhile, the company posted 212.5 million yuan in revenue, up 4.5% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 59%.