Hollyland(China) Electronics Technology Corp.,Ltd.’s Net Profit Dropped 10.1% in First Three Quarters of 2023

Hollyland(China) Electronics Technology Corp.,Ltd. (好利来(中国)电子科技股份有限公司) (002729.SZ) reported a net profit of 17.4 million yuan in the first three quarters of 2023, down 10.1% year-on-year.

Meanwhile, the company posted 193.4 million yuan in revenue, up 7.4% year-on-year.

At the end of the reporting period, it had 601.3 million yuan in total assets and 112.6 million yuan in total liabilities, with a liability-to-asset ratio of 18.7%.