Sinoma Energy Conservation Co.,Ltd.’s Net Profit Dropped 20.8% in First Three Quarters of 2023

Sinoma Energy Conservation Co.,Ltd. (中材节能股份有限公司) (603126.SH) reported a net profit of 129 million yuan in the first three quarters of 2023, down 20.8% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 6.1% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 51.8%.