Hivi Acoustics Technology Co.,Ltd.’s Net Profit Dropped 38.8% in First Three Quarters of 2023

Hivi Acoustics Technology Co.,Ltd. (广州惠威电声科技股份有限公司) (002888.SZ) reported a net profit of 1.2 million yuan in the first three quarters of 2023, down 38.8% year-on-year.

Meanwhile, the company posted 159.2 million yuan in revenue, down 5.5% year-on-year.

At the end of the reporting period, it had 448.8 million yuan in total assets and 49.3 million yuan in total liabilities, with a liability-to-asset ratio of 11%.