Powertech Co.,Ltd.’s Net Profit Dropped 86.1% in First Three Quarters of 2023

Powertech Co.,Ltd. (佛山市联动科技股份有限公司) (301369.SZ) reported a net profit of 14.2 million yuan in the first three quarters of 2023, down 86.1% year-on-year.

Meanwhile, the company posted 168.4 million yuan in revenue, down 37.8% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 117.6 million yuan in total liabilities, with a liability-to-asset ratio of 7.5%.