Shenzhen Maxonic Automation Control Co.,Ltd.’s Net Profit Dropped 39.9% in First Three Quarters of 2023

Shenzhen Maxonic Automation Control Co.,Ltd. (深圳万讯自控股份有限公司) (300112.SZ) reported a net profit of 46.8 million yuan in the first three quarters of 2023, down 39.9% year-on-year.

Meanwhile, the company posted 752.4 million yuan in revenue, down 3.8% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 510.7 million yuan in total liabilities, with a liability-to-asset ratio of 28.8%.