Inno Laser Technology Co.,Ltd. Posted 6.8 Million Yuan Net Loss in First Three Quarters of 2023

Inno Laser Technology Co.,Ltd. (英诺激光科技股份有限公司) (301021.SZ) reported a net loss of 6.8 million yuan in the first three quarters of 2023, reversing a net profit of 23.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 223.4 million yuan in revenue, down 7.4% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 135 million yuan in total liabilities, with a liability-to-asset ratio of 12.1%.