Fujian Star-Net Communication Co.,Ltd.’s Net Profit Dropped 38.4% in First Three Quarters of 2023

Fujian Star-Net Communication Co.,Ltd. (福建星网锐捷通讯股份有限公司) (002396.SZ) reported a net profit of 513.2 million yuan in the first three quarters of 2023, down 38.4% year-on-year.

Meanwhile, the company posted 11.1 billion yuan in revenue, up 2.2% year-on-year.

At the end of the reporting period, it had 14.7 billion yuan in total assets and 5.8 billion yuan in total liabilities, with a liability-to-asset ratio of 39.2%.