Shenzhen Mtc Co.,Ltd.’s Net Profit Rose 46.9% in First Three Quarters of 2023

Shenzhen Mtc Co.,Ltd. (深圳市兆驰股份有限公司) (002429.SZ) reported a net profit of 1.3 billion yuan in the first three quarters of 2023, up 46.9% year-on-year.

Meanwhile, the company posted 12.7 billion yuan in revenue, up 15.8% year-on-year.

At the end of the reporting period, it had 28.5 billion yuan in total assets and 13.6 billion yuan in total liabilities, with a liability-to-asset ratio of 47.7%.