Shuangliang Eco-Energy Systems Co.,Ltd.’s Net Profit Rose 69.4% in First Three Quarters of 2023

Shuangliang Eco-Energy Systems Co.,Ltd. (双良节能系统股份有限公司) (600481.SH) reported a net profit of 1.5 billion yuan in the first three quarters of 2023, up 69.4% year-on-year.

Meanwhile, the company posted 18.8 billion yuan in revenue, up 114.8% year-on-year.

At the end of the reporting period, it had 29.1 billion yuan in total assets and 22.1 billion yuan in total liabilities, with a liability-to-asset ratio of 75.9%.