T&S Communications Co.,Ltd.’s Net Profit Dropped 32.2% in First Three Quarters of 2023

T&S Communications Co.,Ltd. (深圳太辰光通信股份有限公司) (300570.SZ) reported a net profit of 101.4 million yuan in the first three quarters of 2023, down 32.2% year-on-year.

Meanwhile, the company posted 623 million yuan in revenue, down 11.4% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 305.9 million yuan in total liabilities, with a liability-to-asset ratio of 18.5%.