Shanghai Luoman Lighting Technologies Inc.’s Net Profit Rose 880.6% in First Three Quarters of 2023

Shanghai Luoman Lighting Technologies Inc. (上海罗曼照明科技股份有限公司) (605289.SH) reported a net profit of 73.3 million yuan in the first three quarters of 2023, up 880.6% year-on-year.

Meanwhile, the company posted 405.1 million yuan in revenue, up 240.3% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 631.5 million yuan in total liabilities, with a liability-to-asset ratio of 32.5%.