Zhonghang Electronic Measuring Instruments Co.,Ltd.’s Net Profit Dropped 49.4% in First Three Quarters of 2023

Zhonghang Electronic Measuring Instruments Co.,Ltd. (中航电测仪器股份有限公司) (300114.SZ) reported a net profit of 99.3 million yuan in the first three quarters of 2023, down 49.4% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 15.7% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 40.7%.