Dongguan Dingtong Precision Metal Co.,Ltd.’s Net Profit Dropped 61.1% in First Three Quarters of 2023

Dongguan Dingtong Precision Metal Co.,Ltd. (东莞市鼎通精密科技股份有限公司) (688668.SH) reported a net profit of 53 million yuan in the first three quarters of 2023, down 61.1% year-on-year.

Meanwhile, the company posted 490.8 million yuan in revenue, down 25.4% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 217.2 million yuan in total liabilities, with a liability-to-asset ratio of 11.2%.