Ningbo Yibin Electronic Technology Co.,Ltd.’s Net Profit Dropped 18% in First Three Quarters of 2023

Ningbo Yibin Electronic Technology Co.,Ltd. (宁波一彬电子科技股份有限公司) (001278.SZ) reported a net profit of 64 million yuan in the first three quarters of 2023, down 18% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 5.2% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 55.8%.