Svg Tech Group Co.,Ltd. Posted 2.6 Million Yuan Net Profit in First Three Quarters of 2023

Svg Tech Group Co.,Ltd. (苏州苏大维格科技集团股份有限公司) (300331.SZ) reported a net profit of 2.6 million yuan in the first three quarters of 2023, reversing a net loss of 7.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 5% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 42.7%.