Suzhou K-Hiragawa Electronic Technology Co.,Ltd.’s Net Profit Dropped 42.7% in First Three Quarters of 2023

Suzhou K-Hiragawa Electronic Technology Co.,Ltd. (苏州可川电子科技股份有限公司) (603052.SH) reported a net profit of 74.9 million yuan in the first three quarters of 2023, down 42.7% year-on-year.

Meanwhile, the company posted 526.4 million yuan in revenue, down 22.4% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 412 million yuan in total liabilities, with a liability-to-asset ratio of 26.8%.