Sunyard Technology Co.,Ltd. Posted 2.5 Million Yuan Net Profit in First Quarter of 2023

Sunyard Technology Co.,Ltd. (信雅达科技股份有限公司) (600571.SH) reported a net profit of 2.5 million yuan in the first quarter of 2023, reversing a net loss of 74.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 360.3 million yuan in revenue, up 17.3% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 560.7 million yuan in total liabilities, with a liability-to-asset ratio of 32.1%.