Qingdao Novelbeam Technology Co.,Ltd.’s Net Profit Rose 55.1% in 2022

Qingdao Novelbeam Technology Co.,Ltd. (青岛海泰新光科技股份有限公司) (688677.SH) reported a net profit of 181.7 million yuan in 2022, up 55.1% year-on-year.

Meanwhile, the company posted 476.8 million yuan in revenue, up 54% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 171 million yuan in total liabilities, with a liability-to-asset ratio of 12.3%.