San'An Optoelectronics Co.,Ltd.’s Net Profit Dropped 82.5% in First Three Quarters of 2023

San'An Optoelectronics Co.,Ltd. (三安光电股份有限公司) (600703.SH) reported a net profit of 172.6 million yuan in the first three quarters of 2023, down 82.5% year-on-year.

Meanwhile, the company posted 10.2 billion yuan in revenue, up 1.4% year-on-year.

At the end of the reporting period, it had 57.1 billion yuan in total assets and 18.6 billion yuan in total liabilities, with a liability-to-asset ratio of 32.6%.