Guangdong Leary New Material Technology Co.,Ltd.’s Net Profit Dropped 44.5% in First Three Quarters of 2023

Guangdong Leary New Material Technology Co.,Ltd. (广东莱尔新材料科技股份有限公司) (688683.SH) reported a net profit of 22.2 million yuan in the first three quarters of 2023, down 44.5% year-on-year.

Meanwhile, the company posted 325.6 million yuan in revenue, down 6.7% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 134 million yuan in total liabilities, with a liability-to-asset ratio of 11.3%.