Hong Ri Da Technology Company Limited’s Net Profit Dropped 46.6% in First Three Quarters of 2023

Hong Ri Da Technology Company Limited (鸿日达科技股份有限公司) (301285.SZ) reported a net profit of 22.6 million yuan in the first three quarters of 2023, down 46.6% year-on-year.

Meanwhile, the company posted 505.1 million yuan in revenue, up 11.9% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 643.2 million yuan in total liabilities, with a liability-to-asset ratio of 37.7%.