Dongguan Kingsun Optoelectronic Co.,Ltd.’s Net Profit Dropped 19.2% in First Three Quarters of 2023

Dongguan Kingsun Optoelectronic Co.,Ltd. (东莞勤上光电股份有限公司) (002638.SZ) reported a net profit of 61.7 million yuan in the first three quarters of 2023, down 19.2% year-on-year.

Meanwhile, the company posted 245.1 million yuan in revenue, down 48.6% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 288.2 million yuan in total liabilities, with a liability-to-asset ratio of 9.8%.