Highbroad Advanced Material(Hefei) Co.,Ltd.’s Net Profit Rose 65% in First Three Quarters of 2023

Highbroad Advanced Material(Hefei) Co.,Ltd. (翰博高新材料(合肥)股份有限公司) (301321.SZ) reported a net profit of 81.6 million yuan in the first three quarters of 2023, up 65% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 12.6% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 68.1%.