Qijing Machinery Co.,Ltd.’s Net Profit Rose 10.3% in First Three Quarters of 2023

Qijing Machinery Co.,Ltd. (奇精机械股份有限公司) (603677.SH) reported a net profit of 63.1 million yuan in the first three quarters of 2023, up 10.3% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 3.9% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 933 million yuan in total liabilities, with a liability-to-asset ratio of 44.8%.