Singatron Electronic(China) Co.,Ltd.’s Net Profit Dropped 24.8% in 2023

Singatron Electronic(China) Co.,Ltd. (信音电子(中国)股份有限公司) (301329.SZ) reported a net profit of 72.6 million yuan in 2023, down 24.8% year-on-year.

Meanwhile, the company posted 774 million yuan in revenue, down 11.4% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 216.5 million yuan in total liabilities, with a liability-to-asset ratio of 12.2%.