Hytera Communications Corporation Limited’s Net Profit Dropped 57.4% in First Three Quarters of 2023

Hytera Communications Corporation Limited (海能达通信股份有限公司) (002583.SZ) reported a net profit of 141 million yuan in the first three quarters of 2023, down 57.4% year-on-year.

Meanwhile, the company posted 3.6 billion yuan in revenue, down 3% year-on-year.

At the end of the reporting period, it had 11.9 billion yuan in total assets and 5.3 billion yuan in total liabilities, with a liability-to-asset ratio of 44.8%.