Shenzhen Lifotronic Technology Co.,Ltd.’s Net Profit Rose 31% in First Quarter of 2023

Shenzhen Lifotronic Technology Co.,Ltd. (深圳普门科技股份有限公司) (688389.SH) reported a net profit of 87.9 million yuan in the first quarter of 2023, up 31% year-on-year.

Meanwhile, the company posted 277.8 million yuan in revenue, up 32.3% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 383.9 million yuan in total liabilities, with a liability-to-asset ratio of 19.3%.