Yangtze Optical Electronic Co.,Ltd.’s Net Profit Dropped 94.7% in First Three Quarters of 2023

Yangtze Optical Electronic Co.,Ltd. (武汉长盈通光电技术股份有限公司) (688143.SH) reported a net profit of 2.7 million yuan in the first three quarters of 2023, down 94.7% year-on-year.

Meanwhile, the company posted 134 million yuan in revenue, down 37% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 117.3 million yuan in total liabilities, with a liability-to-asset ratio of 8.8%.