Yangtze Optical Fibre And Cable Joint Stock Limited Company’s Net Profit Rose 4.6% in First Quarter of 2023

Yangtze Optical Fibre And Cable Joint Stock Limited Company (长飞光纤光缆股份有限公司) (601869.SH) reported a net profit of 220.1 million yuan in the first quarter of 2023, up 4.6% year-on-year.

Meanwhile, the company posted 3.2 billion yuan in revenue, up 7.2% year-on-year.

At the end of the reporting period, it had 28.9 billion yuan in total assets and 14.2 billion yuan in total liabilities, with a liability-to-asset ratio of 48.9%.