Wedge Industrial Co.,Ltd.’s Net Profit Rose 25.9% in First Three Quarters of 2023

Wedge Industrial Co.,Ltd. (万泽实业股份有限公司) (000534.SZ) reported a net profit of 124.1 million yuan in the first three quarters of 2023, up 25.9% year-on-year.

Meanwhile, the company posted 727.1 million yuan in revenue, up 25.1% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 54.5%.