Hi-Trend Technology(Shanghai) Co.,Ltd.’s Net Profit Dropped 20.2% in First Three Quarters of 2023

Hi-Trend Technology(Shanghai) Co.,Ltd. (钜泉光电科技(上海)股份有限公司) (688391.SH) reported a net profit of 118.2 million yuan in the first three quarters of 2023, down 20.2% year-on-year.

Meanwhile, the company posted 476.3 million yuan in revenue, down 6.9% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 121.6 million yuan in total liabilities, with a liability-to-asset ratio of 5.6%.