Nanjing Aolian Ae&Ea Co.,Ltd.’s Net Profit Dropped 62.7% in First Three Quarters of 2023

Nanjing Aolian Ae&Ea Co.,Ltd. (南京奥联汽车电子电器股份有限公司) (300585.SZ) reported a net profit of 7.5 million yuan in the first three quarters of 2023, down 62.7% year-on-year.

Meanwhile, the company posted 350.1 million yuan in revenue, up 27.3% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 242.9 million yuan in total liabilities, with a liability-to-asset ratio of 24.9%.