Shanghai Smith Adhesive New Material Co.,Ltd.’s Net Profit Rose 158.3% in First Three Quarters of 2023

Shanghai Smith Adhesive New Material Co.,Ltd. (上海晶华胶粘新材料股份有限公司) (603683.SH) reported a net profit of 49.4 million yuan in the first three quarters of 2023, up 158.3% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 5.8% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 911.4 million yuan in total liabilities, with a liability-to-asset ratio of 41.8%.