Tianshui Huatian Technology Co.,Ltd.’s Net Profit Dropped 89.9% in First Three Quarters of 2023

Tianshui Huatian Technology Co.,Ltd. (天水华天科技股份有限公司) (002185.SZ) reported a net profit of 96.6 million yuan in the first three quarters of 2023, down 89.9% year-on-year.

Meanwhile, the company posted 8.1 billion yuan in revenue, down 11.6% year-on-year.

At the end of the reporting period, it had 32.2 billion yuan in total assets and 13.3 billion yuan in total liabilities, with a liability-to-asset ratio of 41.2%.