Jiangsu Pacific Quartz Co.,Ltd.’s Net Profit Rose 635.6% in First Three Quarters of 2023

Jiangsu Pacific Quartz Co.,Ltd. (江苏太平洋石英股份有限公司) (603688.SH) reported a net profit of 4.2 billion yuan in the first three quarters of 2023, up 635.6% year-on-year.

Meanwhile, the company posted 5.9 billion yuan in revenue, up 378.3% year-on-year.

At the end of the reporting period, it had 8.1 billion yuan in total assets and 915.4 million yuan in total liabilities, with a liability-to-asset ratio of 11.3%.