Raytron Technology Co.,Ltd.’s Net Profit Rose 416% in First Quarter of 2023

Raytron Technology Co.,Ltd. (烟台睿创微纳技术股份有限公司) (688002.SH) reported a net profit of 75.3 million yuan in the first quarter of 2023, up 416% year-on-year.

Meanwhile, the company posted 789.9 million yuan in revenue, up 77.5% year-on-year.

At the end of the reporting period, it had 8 billion yuan in total assets and 3.3 billion yuan in total liabilities, with a liability-to-asset ratio of 40.9%.