Advanced Fiber Resources(Zhuhai) Ltd.’s Net Profit Dropped 48.1% in First Three Quarters of 2023

Advanced Fiber Resources(Zhuhai) Ltd. (珠海光库科技股份有限公司) (300620.SZ) reported a net profit of 46.7 million yuan in the first three quarters of 2023, down 48.1% year-on-year.

Meanwhile, the company posted 524.1 million yuan in revenue, up 6.1% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 269.7 million yuan in total liabilities, with a liability-to-asset ratio of 13.8%.