Shenzhen Sunline Tech Co.,Ltd.’s Net Profit Dropped 78.5% in First Three Quarters of 2023

Shenzhen Sunline Tech Co.,Ltd. (深圳市长亮科技股份有限公司) (300348.SZ) reported a net profit of 1.6 million yuan in the first three quarters of 2023, down 78.5% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 11.5% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 39.4%.