Newcapec Electronics Co.,Ltd. Posted 7 Million Yuan Net Loss in First Three Quarters of 2023

Newcapec Electronics Co.,Ltd. (新开普电子股份有限公司) (300248.SZ) reported a net loss of 7 million yuan in the first three quarters of 2023, narrowing 65% year-on-year.

Meanwhile, the company posted 574.4 million yuan in revenue, down 2.6% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 504.4 million yuan in total liabilities, with a liability-to-asset ratio of 19%.