Shenzhen Exc-Led Technology Co.,Ltd.’s Net Profit Dropped 86% in First Three Quarters of 2023

Shenzhen Exc-Led Technology Co.,Ltd. (深圳爱克莱特科技股份有限公司) (300889.SZ) reported a net profit of 3.8 million yuan in the first three quarters of 2023, down 86% year-on-year.

Meanwhile, the company posted 732 million yuan in revenue, up 14.1% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 42.3%.