Est Tools Co.,Ltd.’s Net Profit Dropped 9.9% in First Three Quarters of 2023

Est Tools Co.,Ltd. (恒锋工具股份有限公司) (300488.SZ) reported a net profit of 96.6 million yuan in the first three quarters of 2023, down 9.9% year-on-year.

Meanwhile, the company posted 395.6 million yuan in revenue, up 2.6% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 203 million yuan in total liabilities, with a liability-to-asset ratio of 13.1%.