May 03, 2023 08:00 AM

Power Hf Co.,Ltd.’s Net Profit Rose 63% in First Quarter of 2023

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Power Hf Co.,Ltd. (华丰动力股份有限公司) (605100.SH) reported a net profit of 36.4 million yuan in the first quarter of 2023, up 63% year-on-year.

Meanwhile, the company posted 385 million yuan in revenue, up 60% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 501.6 million yuan in total liabilities, with a liability-to-asset ratio of 21.7%.

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