Qingdao Novelbeam Technology Co.,Ltd.’s Net Profit Rose 10.6% in First Half of 2023

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 87.7 million yuan in the first half of 2023, up 10.6% year-on-year.

Meanwhile, the company posted 267.8 million yuan in revenue, up 36.5% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 124.7 million yuan in total liabilities, with a liability-to-asset ratio of 9%.