Zhejiang Shengyang Science And Technology Co.,Ltd.’s Net Profit Dropped 63.9% in First Three Quarters of 2023

Zhejiang Shengyang Science And Technology Co.,Ltd. (浙江盛洋科技股份有限公司) (603703.SH) reported a net profit of 9.1 million yuan in the first three quarters of 2023, down 63.9% year-on-year.

Meanwhile, the company posted 514.4 million yuan in revenue, down 13.2% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 53.5%.