Appotronics Corporation Limited’s Net Profit Rose 107.3% in First Three Quarters of 2023

Appotronics Corporation Limited (深圳光峰科技股份有限公司) (688007.SH) reported a net profit of 74.9 million yuan in the first three quarters of 2023, up 107.3% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 12% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 34%.