Super-Dragon Engineering Plastics Co.,Ltd.’s Net Profit Dropped 60% in First Quarter of 2023

Super-Dragon Engineering Plastics Co.,Ltd. (广州市聚赛龙工程塑料股份有限公司) (301131.SZ) reported a net profit of 5.2 million yuan in the first quarter of 2023, down 60% year-on-year.

Meanwhile, the company posted 289.5 million yuan in revenue, down 15.5% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 694.6 million yuan in total liabilities, with a liability-to-asset ratio of 47.1%.