Shanghai Flyco Electrical Appliance Co.,Ltd.’s Net Profit Rose 35.4% in First Quarter of 2023

Shanghai Flyco Electrical Appliance Co.,Ltd. (上海飞科电器股份有限公司) (603868.SH) reported a net profit of 320.2 million yuan in the first quarter of 2023, up 35.4% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 22.7% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 850.4 million yuan in total liabilities, with a liability-to-asset ratio of 18.5%.