Hubei Jiuzhiyang Infrared System Co.,Ltd.’s Net Profit Dropped 18.2% in First Three Quarters of 2023

Hubei Jiuzhiyang Infrared System Co.,Ltd. (湖北久之洋红外系统股份有限公司) (300516.SZ) reported a net profit of 43.3 million yuan in the first three quarters of 2023, down 18.2% year-on-year.

Meanwhile, the company posted 380.4 million yuan in revenue, down 4.3% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 420.3 million yuan in total liabilities, with a liability-to-asset ratio of 24.8%.