Hangzhou Zhongtai Cryogenic Technology Corporation’s Net Profit Rose 18.9% in First Three Quarters of 2023

Hangzhou Zhongtai Cryogenic Technology Corporation (杭州中泰深冷技术股份有限公司) (300435.SZ) reported a net profit of 258.5 million yuan in the first three quarters of 2023, up 18.9% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, down 5.8% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 41.6%.