Shenzhen Absen Optoelectronic Co.,Ltd.’s Net Profit Rose 89.8% in First Three Quarters of 2023

Shenzhen Absen Optoelectronic Co.,Ltd. (深圳市艾比森光电股份有限公司) (300389.SZ) reported a net profit of 216.4 million yuan in the first three quarters of 2023, up 89.8% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, up 42.6% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 60.7%.