Beijing Yupont Electric Power Technology Co.,Ltd.’s Net Profit Dropped 72.1% in First Three Quarters of 2023

Beijing Yupont Electric Power Technology Co.,Ltd. (北京煜邦电力技术股份有限公司) (688597.SH) reported a net profit of 16.1 million yuan in the first three quarters of 2023, down 72.1% year-on-year.

Meanwhile, the company posted 377.4 million yuan in revenue, up 2.9% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 734.7 million yuan in total liabilities, with a liability-to-asset ratio of 44.6%.