Shenzhen Topway Video Communication Co.,Ltd.’s Net Profit Rose 4.1% in First Three Quarters of 2023

Shenzhen Topway Video Communication Co.,Ltd. (深圳市天威视讯股份有限公司) (002238.SZ) reported a net profit of 72.1 million yuan in the first three quarters of 2023, up 4.1% year-on-year.

Meanwhile, the company posted 930.4 million yuan in revenue, down 10.5% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 42.3%.