Xiamen Intretech Inc.’s Net Profit Dropped 43.8% in First Quarter of 2023

Xiamen Intretech Inc. (厦门盈趣科技股份有限公司) (002925.SZ) reported a net profit of 89.6 million yuan in the first quarter of 2023, down 43.8% year-on-year.

Meanwhile, the company posted 871.4 million yuan in revenue, down 32.5% year-on-year.

At the end of the reporting period, it had 7.9 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 30.3%.