Jinneng Science&Technology Co.,Ltd.’s Net Profit Dropped 97.8% in First Three Quarters of 2023

Jinneng Science&Technology Co.,Ltd. (金能科技股份有限公司) (603113.SH) reported a net profit of 5.7 million yuan in the first three quarters of 2023, down 97.8% year-on-year.

Meanwhile, the company posted 10.9 billion yuan in revenue, down 22.6% year-on-year.

At the end of the reporting period, it had 17.2 billion yuan in total assets and 8.6 billion yuan in total liabilities, with a liability-to-asset ratio of 49.9%.