Beijing Sifang Automation Co.,Ltd.’s Net Profit Rose 18.9% in First Three Quarters of 2023

Beijing Sifang Automation Co.,Ltd. (北京四方继保自动化股份有限公司) (601126.SH) reported a net profit of 522.3 million yuan in the first three quarters of 2023, up 18.9% year-on-year.

Meanwhile, the company posted 4.2 billion yuan in revenue, up 17.7% year-on-year.

At the end of the reporting period, it had 8.4 billion yuan in total assets and 4.3 billion yuan in total liabilities, with a liability-to-asset ratio of 51.6%.