Jiangsu Gian Technology Co.,Ltd.’s Net Profit Dropped 22.5% in First Three Quarters of 2023

Jiangsu Gian Technology Co.,Ltd. (江苏精研科技股份有限公司) (300709.SZ) reported a net profit of 110.8 million yuan in the first three quarters of 2023, down 22.5% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 17.4% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 38.7%.