Yangtze Optical Fibre And Cable Joint Stock Limited Company’s Net Profit Dropped 4.5% in First Three Quarters of 2023

Yangtze Optical Fibre And Cable Joint Stock Limited Company (长飞光纤光缆股份有限公司) (601869.SH) reported a net profit of 825.3 million yuan in the first three quarters of 2023, down 4.5% year-on-year.

Meanwhile, the company posted 10 billion yuan in revenue, down 2.1% year-on-year.

At the end of the reporting period, it had 29.6 billion yuan in total assets and 14.9 billion yuan in total liabilities, with a liability-to-asset ratio of 50.2%.