Newonder Special Electric Co.,Ltd.’s Net Profit Dropped 16.6% in First Three Quarters of 2023

Newonder Special Electric Co.,Ltd. (新华都特种电气股份有限公司) (301120.SZ) reported a net profit of 61.9 million yuan in the first three quarters of 2023, down 16.6% year-on-year.

Meanwhile, the company posted 354.9 million yuan in revenue, up 5% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 80.2 million yuan in total liabilities, with a liability-to-asset ratio of 4.8%.