Keystone Electrical(Zhejiang) Co.,Ltd.’s Net Profit Dropped 6.9% in First Three Quarters of 2023

Keystone Electrical(Zhejiang) Co.,Ltd. (浙江开创电气股份有限公司) (301448.SZ) reported a net profit of 38.5 million yuan in the first three quarters of 2023, down 6.9% year-on-year.

Meanwhile, the company posted 425.7 million yuan in revenue, down 5.8% year-on-year.

At the end of the reporting period, it had 778.8 million yuan in total assets and 131.7 million yuan in total liabilities, with a liability-to-asset ratio of 16.9%.