Qingdao Novelbeam Technology Co.,Ltd.’s Net Profit Rose 35.6% in First Half of 2022

Qingdao Novelbeam Technology Co.,Ltd. (青岛海泰新光科技股份有限公司) (688677.SH) reported a net profit of 79.3 million yuan in the first half of 2022, up 35.6% year-on-year.

Meanwhile, the company posted 196.2 million yuan in revenue, up 44.7% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 112.3 million yuan in total liabilities, with a liability-to-asset ratio of 9%.