Qingdao Hi-Tech Moulds&Plastics Technology Co.,Ltd.’s Net Profit Dropped 41% in First Three Quarters of 2023

Qingdao Hi-Tech Moulds&Plastics Technology Co.,Ltd. (青岛海泰科模塑科技股份有限公司) (301022.SZ) reported a net profit of 30.9 million yuan in the first three quarters of 2023, down 41% year-on-year.

Meanwhile, the company posted 419 million yuan in revenue, up 14.2% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 806.4 million yuan in total liabilities, with a liability-to-asset ratio of 43.7%.