Shengyi Technology Co.,Ltd.’s Net Profit Dropped 30.3% in First Three Quarters of 2023

Shengyi Technology Co.,Ltd. (广东生益科技股份有限公司) (600183.SH) reported a net profit of 887.9 million yuan in the first three quarters of 2023, down 30.3% year-on-year.

Meanwhile, the company posted 12.3 billion yuan in revenue, down 9.7% year-on-year.

At the end of the reporting period, it had 25.1 billion yuan in total assets and 9.7 billion yuan in total liabilities, with a liability-to-asset ratio of 38.6%.