Jiangsu Xiehe Electronic Co.,Ltd.’s Net Profit Dropped 25.1% in First Three Quarters of 2023

Jiangsu Xiehe Electronic Co.,Ltd. (江苏协和电子股份有限公司) (605258.SH) reported a net profit of 25.5 million yuan in the first three quarters of 2023, down 25.1% year-on-year.

Meanwhile, the company posted 520.6 million yuan in revenue, up 1.1% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 273 million yuan in total liabilities, with a liability-to-asset ratio of 19%.