Gkg Precision Machine Co.,Ltd.’s Net Profit Dropped 56.9% in First Three Quarters of 2023

Gkg Precision Machine Co.,Ltd. (东莞市凯格精机股份有限公司) (301338.SZ) reported a net profit of 43.8 million yuan in the first three quarters of 2023, down 56.9% year-on-year.

Meanwhile, the company posted 438.9 million yuan in revenue, down 27.3% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 600.5 million yuan in total liabilities, with a liability-to-asset ratio of 29.8%.