Hongda High-Tech Holding Co.,Ltd.’s Net Profit Dropped 5.2% in First Three Quarters of 2023

Hongda High-Tech Holding Co.,Ltd. (宏达高科控股股份有限公司) (002144.SZ) reported a net profit of 70.8 million yuan in the first three quarters of 2023, down 5.2% year-on-year.

Meanwhile, the company posted 384.1 million yuan in revenue, down 12.5% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 232 million yuan in total liabilities, with a liability-to-asset ratio of 10.4%.