Suzhou Sonavox Electronics Co.,Ltd.’s Net Profit Rose 135.6% in First Quarter of 2023

Suzhou Sonavox Electronics Co.,Ltd. (苏州上声电子股份有限公司) (688533.SH) reported a net profit of 30 million yuan in the first quarter of 2023, up 135.6% year-on-year.

Meanwhile, the company posted 452.9 million yuan in revenue, up 23% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 48.4%.