Shenzhen Kingdom Sci-Tech Co.,Ltd.’s Net Profit Dropped 89% in First Three Quarters of 2023

Shenzhen Kingdom Sci-Tech Co.,Ltd. (深圳市金证科技股份有限公司) (600446.SH) reported a net profit of 12.6 million yuan in the first three quarters of 2023, down 89% year-on-year.

Meanwhile, the company posted 4 billion yuan in revenue, down 7.3% year-on-year.

At the end of the reporting period, it had 6.8 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 45.8%.