Jadard Technology Inc.’s Net Profit Dropped 52.2% in First Three Quarters of 2023

Jadard Technology Inc. (深圳天德钰科技股份有限公司) (688252.SH) reported a net profit of 74.8 million yuan in the first three quarters of 2023, down 52.2% year-on-year.

Meanwhile, the company posted 826.3 million yuan in revenue, down 12.4% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 248.4 million yuan in total liabilities, with a liability-to-asset ratio of 11.5%.