Suzhou Good-Ark Electronics Co.,Ltd.’s Net Profit Dropped 59.6% in First Quarter of 2023

Suzhou Good-Ark Electronics Co.,Ltd. (苏州固锝电子股份有限公司) (002079.SZ) reported a net profit of 24.3 million yuan in the first quarter of 2023, down 59.6% year-on-year.

Meanwhile, the company posted 731.5 million yuan in revenue, down 8.3% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 599.5 million yuan in total liabilities, with a liability-to-asset ratio of 17.7%.