Shanghai Friendess Electronics Technology Co.,Ltd.’s Net Profit Rose 49.4% in First Three Quarters of 2023

Shanghai Friendess Electronics Technology Co.,Ltd. (上海柏楚电子科技股份有限公司) (688188.SH) reported a net profit of 594.1 million yuan in the first three quarters of 2023, up 49.4% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 51.9% year-on-year.

At the end of the reporting period, it had 5 billion yuan in total assets and 208.3 million yuan in total liabilities, with a liability-to-asset ratio of 4.1%.