Sinostar Cable Co.,Ltd.’s Net Profit Dropped 12.2% in First Three Quarters of 2023

Sinostar Cable Co.,Ltd. (中辰电缆股份有限公司) (300933.SZ) reported a net profit of 65.5 million yuan in the first three quarters of 2023, down 12.2% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 3.3% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 55.4%.