Shenzhen Wote Advanced Materials Co.,Ltd.’s Net Profit Rose 9.8% in First Three Quarters of 2023

Shenzhen Wote Advanced Materials Co.,Ltd. (深圳市沃特新材料股份有限公司) (002886.SZ) reported a net profit of 30.8 million yuan in the first three quarters of 2023, up 9.8% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 1.8% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 41.4%.