Autel Intelligent Technology Corp.,Ltd.’s Net Profit Rose 0.3% in First Quarter of 2023

Autel Intelligent Technology Corp.,Ltd. (深圳市道通科技股份有限公司) (688208.SH) reported a net profit of 63.5 million yuan in the first quarter of 2023, up 0.3% year-on-year.

Meanwhile, the company posted 706.3 million yuan in revenue, up 37.6% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 42%.