Focuslight Technologies Inc.’s Net Profit Dropped 59.6% in First Three Quarters of 2023

Focuslight Technologies Inc. (西安炬光科技股份有限公司) (688167.SH) reported a net profit of 43 million yuan in the first three quarters of 2023, down 59.6% year-on-year.

Meanwhile, the company posted 384.5 million yuan in revenue, down 3.7% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 217.1 million yuan in total liabilities, with a liability-to-asset ratio of 8.2%.