Kingsignal Technology Co.,Ltd.’s Net Profit Dropped 80.7% in First Three Quarters of 2023

Kingsignal Technology Co.,Ltd. (深圳金信诺高新技术股份有限公司) (300252.SZ) reported a net profit of 9.4 million yuan in the first three quarters of 2023, down 80.7% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 12.4% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 55.3%.