Guangdong Fenghua Advanced Technology(Holding) Co.,Ltd.’s Net Profit Dropped 62.3% in First Three Quarters of 2023

Guangdong Fenghua Advanced Technology(Holding) Co.,Ltd. (广东风华高新科技股份有限公司) (000636.SZ) reported a net profit of 119.4 million yuan in the first three quarters of 2023, down 62.3% year-on-year.

Meanwhile, the company posted 3.2 billion yuan in revenue, up 11% year-on-year.

At the end of the reporting period, it had 16.8 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 28.1%.