Shanghai Yaoji Technology Co.,Ltd.’s Net Profit Rose 183.5% in First Quarter of 2023

Shanghai Yaoji Technology Co.,Ltd. (上海姚记科技股份有限公司) (002605.SZ) reported a net profit of 207.1 million yuan in the first quarter of 2023, up 183.5% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 17.6% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 34.3%.