Chengdu Tangyuan Electric Co.,Ltd.’s Net Profit Rose 83.6% in First Three Quarters of 2023

Chengdu Tangyuan Electric Co.,Ltd. (成都唐源电气股份有限公司) (300789.SZ) reported a net profit of 48.6 million yuan in the first three quarters of 2023, up 83.6% year-on-year.

Meanwhile, the company posted 351.6 million yuan in revenue, up 58.2% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 408.2 million yuan in total liabilities, with a liability-to-asset ratio of 30%.