New Huadu Technology Co.,Ltd.’s Net Profit Dropped 38.3% in First Three Quarters of 2023

New Huadu Technology Co.,Ltd. (新华都科技股份有限公司) (002264.SZ) reported a net profit of 158 million yuan in the first three quarters of 2023, down 38.3% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 12.8% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 40.1%.