Zhejiang Yaguang Technology Co.,Ltd.’s Net Profit Rose 93.1% in First Quarter of 2023

Zhejiang Yaguang Technology Co.,Ltd. (浙江亚光科技股份有限公司) (603282.SH) reported a net profit of 40.9 million yuan in the first quarter of 2023, up 93.1% year-on-year.

Meanwhile, the company posted 252.1 million yuan in revenue, up 61.3% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 58.4%.