Guangdong Lyric Robot Automation Co.,Ltd.’s Net Profit Dropped 94.5% in First Three Quarters of 2023

Guangdong Lyric Robot Automation Co.,Ltd. (广东利元亨智能装备股份有限公司) (688499.SH) reported a net profit of 15.5 million yuan in the first three quarters of 2023, down 94.5% year-on-year.

Meanwhile, the company posted 4.2 billion yuan in revenue, up 44.3% year-on-year.

At the end of the reporting period, it had 10.6 billion yuan in total assets and 7.9 billion yuan in total liabilities, with a liability-to-asset ratio of 75.2%.