Foshan Nationstar Optoelectronics Co.,Ltd.’s Net Profit Dropped 37.6% in First Three Quarters of 2022

Foshan Nationstar Optoelectronics Co.,Ltd. (佛山市国星光电股份有限公司) (002449.SZ) reported a net profit of 110.1 million yuan in the first three quarters of 2022, down 37.6% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 11% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 35.7%.