Hangzhou Youngsun Intelligent Equipment Co.,Ltd.’s Net Profit Dropped 47.9% in First Three Quarters of 2023

Hangzhou Youngsun Intelligent Equipment Co.,Ltd. (杭州永创智能设备股份有限公司) (603901.SH) reported a net profit of 163.3 million yuan in the first three quarters of 2023, down 47.9% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 11.1% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 60.4%.