Sichuan Em Technology Co.,Ltd.’s Net Profit Dropped 30.5% in First Quarter of 2023

Sichuan Em Technology Co.,Ltd. (四川东材科技集团股份有限公司) (601208.SH) reported a net profit of 71.1 million yuan in the first quarter of 2023, down 30.5% year-on-year.

Meanwhile, the company posted 858.3 million yuan in revenue, down 5.1% year-on-year.

At the end of the reporting period, it had 9.5 billion yuan in total assets and 5.1 billion yuan in total liabilities, with a liability-to-asset ratio of 53.1%.