Shenzhen Laibao Hi-Tech Co.,Ltd.’s Net Profit Dropped 15.1% in First Three Quarters of 2023

Shenzhen Laibao Hi-Tech Co.,Ltd. (深圳莱宝高科技股份有限公司) (002106.SZ) reported a net profit of 303.2 million yuan in the first three quarters of 2023, down 15.1% year-on-year.

Meanwhile, the company posted 4.2 billion yuan in revenue, down 14.7% year-on-year.

At the end of the reporting period, it had 6.7 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 22.7%.