Wenzhou Yihua Connector Co.,Ltd.’s Net Profit Dropped 65.4% in First Three Quarters of 2023

Wenzhou Yihua Connector Co.,Ltd. (温州意华接插件股份有限公司) (002897.SZ) reported a net profit of 75 million yuan in the first three quarters of 2023, down 65.4% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, down 10.1% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 65.9%.