Wuxi Smart Auto-Control Engineering Co.,Ltd.’s Net Profit Rose 63.4% in First Three Quarters of 2023

Wuxi Smart Auto-Control Engineering Co.,Ltd. (无锡智能自控工程股份有限公司) (002877.SZ) reported a net profit of 78.6 million yuan in the first three quarters of 2023, up 63.4% year-on-year.

Meanwhile, the company posted 764.3 million yuan in revenue, up 23.6% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 52.8%.