Iat Automobile Technology Co.,Ltd.’s Net Profit Dropped 61.9% in First Three Quarters of 2023

Iat Automobile Technology Co.,Ltd. (阿尔特汽车技术股份有限公司) (300825.SZ) reported a net profit of 29.8 million yuan in the first three quarters of 2023, down 61.9% year-on-year.

Meanwhile, the company posted 603.5 million yuan in revenue, down 11% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 809.7 million yuan in total liabilities, with a liability-to-asset ratio of 24.7%.