Qingdao Copton Technology Company Limited’s Net Profit Rose 14.1% in First Quarter of 2023

Qingdao Copton Technology Company Limited (青岛康普顿科技股份有限公司) (603798.SH) reported a net profit of 34.8 million yuan in the first quarter of 2023, up 14.1% year-on-year.

Meanwhile, the company posted 370.9 million yuan in revenue, up 67.6% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 218.6 million yuan in total liabilities, with a liability-to-asset ratio of 15.9%.