Zhejiang Jinghualaser Technology Co.,Ltd.’s Net Profit Dropped 39% in First Three Quarters of 2023

Zhejiang Jinghualaser Technology Co.,Ltd. (浙江京华激光科技股份有限公司) (603607.SH) reported a net profit of 58.2 million yuan in the first three quarters of 2023, down 39% year-on-year.

Meanwhile, the company posted 486.2 million yuan in revenue, down 23.9% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 467 million yuan in total liabilities, with a liability-to-asset ratio of 32.4%.