Shandong Linuo Technical Glass Co.,Ltd.’s Net Profit Dropped 38.1% in First Three Quarters of 2023

Shandong Linuo Technical Glass Co.,Ltd. (山东力诺特种玻璃股份有限公司) (301188.SZ) reported a net profit of 53.6 million yuan in the first three quarters of 2023, down 38.1% year-on-year.

Meanwhile, the company posted 691.3 million yuan in revenue, up 21.4% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 549.5 million yuan in total liabilities, with a liability-to-asset ratio of 26.2%.