Shanghai Tongji Science&Technology Industrial Co.,Ltd.’s Net Profit Rose 41.6% in First Quarter of 2023

Shanghai Tongji Science&Technology Industrial Co.,Ltd. (上海同济科技实业股份有限公司) (600846.SH) reported a net profit of 87.9 million yuan in the first quarter of 2023, up 41.6% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 42.3% year-on-year.

At the end of the reporting period, it had 10.1 billion yuan in total assets and 6.5 billion yuan in total liabilities, with a liability-to-asset ratio of 63.7%.