Shanghai Broadband Technology Co.,Ltd.’s Net Profit Dropped 8.1% in First Three Quarters of 2022

Shanghai Broadband Technology Co.,Ltd. (上海宽频科技股份有限公司) (600608.SH) reported a net profit of 3.6 million yuan in the first three quarters of 2022, down 8.1% year-on-year.

Meanwhile, the company posted 284.6 million yuan in revenue, up 21% year-on-year.

At the end of the reporting period, it had 188.1 million yuan in total assets and 113.9 million yuan in total liabilities, with a liability-to-asset ratio of 60.6%.