Shanghai Beite Technology Co.,Ltd.’s Net Profit Dropped 24.2% in First Three Quarters of 2023

Shanghai Beite Technology Co.,Ltd. (上海北特科技股份有限公司) (603009.SH) reported a net profit of 27.3 million yuan in the first three quarters of 2023, down 24.2% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 9% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 49.6%.