Shenzhen Av-Display Co.,Ltd.’s Net Profit Dropped 27.1% in First Three Quarters of 2023

Shenzhen Av-Display Co.,Ltd. (深圳秋田微电子股份有限公司) (300939.SZ) reported a net profit of 96.4 million yuan in the first three quarters of 2023, down 27.1% year-on-year.

Meanwhile, the company posted 742.9 million yuan in revenue, down 13.1% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 234.8 million yuan in total liabilities, with a liability-to-asset ratio of 14.9%.