Jiangsu Liance Electromechanical Technology Co.,Ltd.’s Net Profit Dropped 6.3% in First Three Quarters of 2023

Jiangsu Liance Electromechanical Technology Co.,Ltd. (江苏联测机电科技股份有限公司) (688113.SH) reported a net profit of 62.2 million yuan in the first three quarters of 2023, down 6.3% year-on-year.

Meanwhile, the company posted 345 million yuan in revenue, up 34% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 349.5 million yuan in total liabilities, with a liability-to-asset ratio of 28.8%.