Zhejiang Sanfer Electric Co.,Ltd.’s Net Profit Dropped 8.3% in First Three Quarters of 2023

Zhejiang Sanfer Electric Co.,Ltd. (浙江帅丰电器股份有限公司) (605336.SH) reported a net profit of 139.2 million yuan in the first three quarters of 2023, down 8.3% year-on-year.

Meanwhile, the company posted 623.4 million yuan in revenue, down 12.1% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 299.6 million yuan in total liabilities, with a liability-to-asset ratio of 13.4%.