Wuxi Acryl Technology Co.,Ltd.’s Net Profit Dropped 85.9% in First Quarter of 2023

Wuxi Acryl Technology Co.,Ltd. (无锡阿科力科技股份有限公司) (603722.SH) reported a net profit of 6.1 million yuan in the first quarter of 2023, down 85.9% year-on-year.

Meanwhile, the company posted 143.5 million yuan in revenue, down 41.3% year-on-year.

At the end of the reporting period, it had 917.2 million yuan in total assets and 144.4 million yuan in total liabilities, with a liability-to-asset ratio of 15.7%.