Hangzhou Heshun Technology Co.,Ltd.’s Net Profit Dropped 65.8% in First Three Quarters of 2023

Hangzhou Heshun Technology Co.,Ltd. (杭州和顺科技股份有限公司) (301237.SZ) reported a net profit of 20.1 million yuan in the first three quarters of 2023, down 65.8% year-on-year.

Meanwhile, the company posted 311.2 million yuan in revenue, down 24.8% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 159.2 million yuan in total liabilities, with a liability-to-asset ratio of 10%.