Zhongshan Broad-Ocean Motor Co.,Ltd.’s Net Profit Rose 19.2% in First Three Quarters of 2023

Zhongshan Broad-Ocean Motor Co.,Ltd. (中山大洋电机股份有限公司) (002249.SZ) reported a net profit of 559.1 million yuan in the first three quarters of 2023, up 19.2% year-on-year.

Meanwhile, the company posted 8.5 billion yuan in revenue, up 4.2% year-on-year.

At the end of the reporting period, it had 16 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 44.5%.