Net263 Ltd.’s Net Profit Dropped 21.7% in First Three Quarters of 2022

Net263 Ltd. (二六三网络通信股份有限公司) (002467.SZ) reported a net profit of 71.3 million yuan in the first three quarters of 2022, down 21.7% year-on-year.

Meanwhile, the company posted 667 million yuan in revenue, down 0.6% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 397.5 million yuan in total liabilities, with a liability-to-asset ratio of 14.2%.