Guangzhou Great Power Energy&Technology Co.,Ltd.’s Net Profit Dropped 37.2% in First Three Quarters of 2023

Guangzhou Great Power Energy&Technology Co.,Ltd. (广州鹏辉能源科技股份有限公司) (300438.SZ) reported a net profit of 285 million yuan in the first three quarters of 2023, down 37.2% year-on-year.

Meanwhile, the company posted 5.7 billion yuan in revenue, down 11.7% year-on-year.

At the end of the reporting period, it had 16 billion yuan in total assets and 10.2 billion yuan in total liabilities, with a liability-to-asset ratio of 63.6%.