Shanghai Moons'Electric Co.,Ltd.’s Net Profit Dropped 47.4% in First Three Quarters of 2023

Shanghai Moons'Electric Co.,Ltd. (上海鸣志电器股份有限公司) (603728.SH) reported a net profit of 84.8 million yuan in the first three quarters of 2023, down 47.4% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 9.8% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 27.2%.