Foshan Nationstar Optoelectronics Co.,Ltd.’s Net Profit Dropped 48% in 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 121.3 million yuan in 2022, down 48% year-on-year.

Meanwhile, the company posted 3.6 billion yuan in revenue, down 11.5% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 43%.