Beijing Huafeng Test&Control Technology Co.,Ltd.’s Net Profit Dropped 48.4% in First Three Quarters of 2023

Beijing Huafeng Test&Control Technology Co.,Ltd. (北京华峰测控技术股份有限公司) (688200.SH) reported a net profit of 197.1 million yuan in the first three quarters of 2023, down 48.4% year-on-year.

Meanwhile, the company posted 518.7 million yuan in revenue, down 33.3% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 141.9 million yuan in total liabilities, with a liability-to-asset ratio of 4.1%.