Zhenjiang Dongfang Electric Heating Technology Co.,Ltd.’s Net Profit Rose 150.3% in First Three Quarters of 2023

Zhenjiang Dongfang Electric Heating Technology Co.,Ltd. (镇江东方电热科技股份有限公司) (300217.SZ) reported a net profit of 589.6 million yuan in the first three quarters of 2023, up 150.3% year-on-year.

Meanwhile, the company posted 3.2 billion yuan in revenue, up 21.4% year-on-year.

At the end of the reporting period, it had 7.5 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 48.3%.