Kunshan Guoli Electronic Technology Co.,Ltd.’s Net Profit Dropped 12.5% in First Three Quarters of 2023

Kunshan Guoli Electronic Technology Co.,Ltd. (昆山国力电子科技股份有限公司) (688103.SH) reported a net profit of 51.5 million yuan in the first three quarters of 2023, down 12.5% year-on-year.

Meanwhile, the company posted 486.1 million yuan in revenue, up 1.2% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 854.2 million yuan in total liabilities, with a liability-to-asset ratio of 43.4%.