Zhuzhou Hongda Electronics Corp.,Ltd.’s Net Profit Dropped 40.6% in First Three Quarters of 2023

Zhuzhou Hongda Electronics Corp.,Ltd. (株洲宏达电子股份有限公司) (300726.SZ) reported a net profit of 435.6 million yuan in the first three quarters of 2023, down 40.6% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 26.4% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 728.7 million yuan in total liabilities, with a liability-to-asset ratio of 12.8%.