Insigma Technology Co.,Ltd.’s Net Profit Dropped 91.6% in First Three Quarters of 2023

Insigma Technology Co.,Ltd. (浙大网新科技股份有限公司) (600797.SH) reported a net profit of 5.9 million yuan in the first three quarters of 2023, down 91.6% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 14% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 38.2%.