Nanjing Panda Electronics Company Limited’s Net Profit Dropped 98.7% in First Three Quarters of 2023

Nanjing Panda Electronics Company Limited (南京熊猫电子股份有限公司) (600775.SH) reported a net profit of 379,950 yuan in the first three quarters of 2023, down 98.7% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 34% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 33.1%.