Sichuan Furong Technology Co.,Ltd.’s Net Profit Dropped 25.1% in First Three Quarters of 2023

Sichuan Furong Technology Co.,Ltd. (四川福蓉科技股份公司) (603327.SH) reported a net profit of 245.1 million yuan in the first three quarters of 2023, down 25.1% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 14.4% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 40.6%.