Jiangsu Smartwin Electronics Technology Co.,Ltd.’s Net Profit Dropped 18% in First Three Quarters of 2023

Jiangsu Smartwin Electronics Technology Co.,Ltd. (江苏骏成电子科技股份有限公司) (301106.SZ) reported a net profit of 57.9 million yuan in the first three quarters of 2023, down 18% year-on-year.

Meanwhile, the company posted 414.1 million yuan in revenue, down 12.7% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 200.9 million yuan in total liabilities, with a liability-to-asset ratio of 15%.