China Leadshine Technology Co.,Ltd.’s Net Profit Dropped 54.9% in First Three Quarters of 2023

China Leadshine Technology Co.,Ltd. (深圳市雷赛智能控制股份有限公司) (002979.SZ) reported a net profit of 93.3 million yuan in the first three quarters of 2023, down 54.9% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 12.1% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 42.9%.