Nanhua Instruments Co.,Ltd. Posted 4.6 Million Yuan Net Loss in First Three Quarters of 2023

Nanhua Instruments Co.,Ltd. (佛山市南华仪器股份有限公司) (300417.SZ) reported a net loss of 4.6 million yuan in the first three quarters of 2023, reversing a net profit of 2.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 85 million yuan in revenue, down 8.3% year-on-year.

At the end of the reporting period, it had 484.9 million yuan in total assets and 26.9 million yuan in total liabilities, with a liability-to-asset ratio of 5.6%.