Levima Advanced Materials Co.,Ltd.’s Net Profit Dropped 47.3% in First Three Quarters of 2023

Levima Advanced Materials Co.,Ltd. (联泓新材料科技股份有限公司) (003022.SZ) reported a net profit of 412.4 million yuan in the first three quarters of 2023, down 47.3% year-on-year.

Meanwhile, the company posted 4.9 billion yuan in revenue, down 23.1% year-on-year.

At the end of the reporting period, it had 16.2 billion yuan in total assets and 8.4 billion yuan in total liabilities, with a liability-to-asset ratio of 52.2%.