Ningbo Techmation Co.,Ltd.’s Net Profit Dropped 29% in First Three Quarters of 2023

Ningbo Techmation Co.,Ltd. (宁波弘讯科技股份有限公司) (603015.SH) reported a net profit of 31.3 million yuan in the first three quarters of 2023, down 29% year-on-year.

Meanwhile, the company posted 525.5 million yuan in revenue, down 10% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 687.3 million yuan in total liabilities, with a liability-to-asset ratio of 33.9%.