Wuxi Hodgen Technology Co.,Ltd. Posted 40.8 Million Yuan Net Profit in First Three Quarters of 2023

Wuxi Hodgen Technology Co.,Ltd. (无锡和晶科技股份有限公司) (300279.SZ) reported a net profit of 40.8 million yuan in the first three quarters of 2023, reversing a net loss of 82.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 4.8% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 63.4%.