Shanghai Huace Navigation Technology Co.,Ltd.’s Net Profit Rose 26.9% in First Three Quarters of 2023

Shanghai Huace Navigation Technology Co.,Ltd. (上海华测导航技术股份有限公司) (300627.SZ) reported a net profit of 276.2 million yuan in the first three quarters of 2023, up 26.9% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 25.9% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 31.1%.