Huachangda Intelligent Equipment Group Co.,Ltd.’s Net Profit Dropped 22.2% in First Three Quarters of 2023

Huachangda Intelligent Equipment Group Co.,Ltd. (华昌达智能装备集团股份有限公司) (300278.SZ) reported a net profit of 68.7 million yuan in the first three quarters of 2023, down 22.2% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 22.5% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 45.2%.