Jcet Group Co.,Ltd.’s Net Profit Dropped 60.3% in First Three Quarters of 2023

Jcet Group Co.,Ltd. (江苏长电科技股份有限公司) (600584.SH) reported a net profit of 1 billion yuan in the first three quarters of 2023, down 60.3% year-on-year.

Meanwhile, the company posted 20.4 billion yuan in revenue, down 17.5% year-on-year.

At the end of the reporting period, it had 43 billion yuan in total assets and 17.1 billion yuan in total liabilities, with a liability-to-asset ratio of 39.8%.