Kuangda Technology Group Co.,Ltd.’s Net Profit Dropped 6.4% in First Three Quarters of 2023

Kuangda Technology Group Co.,Ltd. (旷达科技集团股份有限公司) (002516.SZ) reported a net profit of 139.8 million yuan in the first three quarters of 2023, down 6.4% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 4.9% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 638.2 million yuan in total liabilities, with a liability-to-asset ratio of 15%.