Wuxi Honghui New Materials Technology Co.,Ltd.’s Net Profit Dropped 37.9% in First Three Quarters of 2023

Wuxi Honghui New Materials Technology Co.,Ltd. (无锡洪汇新材料科技股份有限公司) (002802.SZ) reported a net profit of 38 million yuan in the first three quarters of 2023, down 37.9% year-on-year.

Meanwhile, the company posted 269.7 million yuan in revenue, down 36.7% year-on-year.

At the end of the reporting period, it had 699.4 million yuan in total assets and 45.9 million yuan in total liabilities, with a liability-to-asset ratio of 6.6%.