Sunwoda Electronic Co.,Ltd.’s Net Profit Dropped 47.2% in First Three Quarters of 2023

Sunwoda Electronic Co.,Ltd. (欣旺达电子股份有限公司) (300207.SZ) reported a net profit of 246 million yuan in the first three quarters of 2023, down 47.2% year-on-year.

Meanwhile, the company posted 34.3 billion yuan in revenue, down 6.2% year-on-year.

At the end of the reporting period, it had 78.9 billion yuan in total assets and 46.5 billion yuan in total liabilities, with a liability-to-asset ratio of 58.9%.