Vatti Corporation Limited’s Net Profit Rose 12.4% in First Quarter of 2023

Vatti Corporation Limited (华帝股份有限公司) (002035.SZ) reported a net profit of 91.5 million yuan in the first quarter of 2023, up 12.4% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 6.2% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 45.8%.