Qingdao Novelbeam Technology Co.,Ltd.’s Net Profit Dropped 16.9% in First Three Quarters 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 115.8 million yuan in the first three quarters of 2023, down 16.9% year-on-year.

Meanwhile, the company posted 376.2 million yuan in revenue, up 10.8% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 114.8 million yuan in total liabilities, with a liability-to-asset ratio of 8.2%.