Hylink Digital Solution Co.,Ltd.’s Net Profit Dropped 95% in First Quarter of 2023

Hylink Digital Solution Co.,Ltd. (华扬联众数字技术股份有限公司) (603825.SH) reported a net profit of 814,641 yuan in the first quarter of 2023, down 95% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 28.2% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 71.6%.