Gl Tech Co.,Ltd.’s Net Profit Dropped 20.4% in First Three Quarters of 2022

Gl Tech Co.,Ltd. (光力科技股份有限公司) (300480.SZ) reported a net profit of 66.1 million yuan in the first three quarters of 2022, down 20.4% year-on-year.

Meanwhile, the company posted 434.2 million yuan in revenue, up 23.1% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 392.6 million yuan in total liabilities, with a liability-to-asset ratio of 22%.