Ningbo Yongxin Optics Co.,Ltd.’s Net Profit Dropped 12.7% in First Three Quarters of 2023

Ningbo Yongxin Optics Co.,Ltd. (宁波永新光学股份有限公司) (603297.SH) reported a net profit of 173.5 million yuan in the first three quarters of 2023, down 12.7% year-on-year.

Meanwhile, the company posted 610.6 million yuan in revenue, up 0.5% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 233.3 million yuan in total liabilities, with a liability-to-asset ratio of 11.7%.