Hangcha Group Co.,Ltd.’s Net Profit Rose 72.7% in First Three Quarters of 2023

Hangcha Group Co.,Ltd. (杭叉集团股份有限公司) (603298.SH) reported a net profit of 1.4 billion yuan in the first three quarters of 2023, up 72.7% year-on-year.

Meanwhile, the company posted 12.5 billion yuan in revenue, up 10.1% year-on-year.

At the end of the reporting period, it had 13.5 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 34.8%.