Shenzhen Transsion Holdings Co.,Ltd.’s Net Profit Rose 73.5% in First Three Quarters of 2023

Shenzhen Transsion Holdings Co.,Ltd. (深圳传音控股股份有限公司) (688036.SH) reported a net profit of 3.9 billion yuan in the first three quarters of 2023, up 73.5% year-on-year.

Meanwhile, the company posted 43 billion yuan in revenue, up 19.4% year-on-year.

At the end of the reporting period, it had 46.2 billion yuan in total assets and 27.6 billion yuan in total liabilities, with a liability-to-asset ratio of 59.6%.