Shennan Circuits Co.,Ltd.’s Net Profit Dropped 40.8% in First Quarter of 2023

Shennan Circuits Co.,Ltd. (深南电路股份有限公司) (002916.SZ) reported a net profit of 205.9 million yuan in the first quarter of 2023, down 40.8% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, down 16% year-on-year.

At the end of the reporting period, it had 19.7 billion yuan in total assets and 7.2 billion yuan in total liabilities, with a liability-to-asset ratio of 36.6%.