Sinoma Science&Technology Co.,Ltd.’s Net Profit Dropped 22.7% in First Three Quarters of 2023

Sinoma Science&Technology Co.,Ltd. (中材科技股份有限公司) (002080.SZ) reported a net profit of 2 billion yuan in the first three quarters of 2023, down 22.7% year-on-year.

Meanwhile, the company posted 18.2 billion yuan in revenue, up 2.4% year-on-year.

At the end of the reporting period, it had 54.7 billion yuan in total assets and 28.7 billion yuan in total liabilities, with a liability-to-asset ratio of 52.5%.