Changshu Fengfan Power Equipment Co.,Ltd.’s Net Profit Rose 13.2% in First Three Quarters of 2023

Changshu Fengfan Power Equipment Co.,Ltd. (常熟风范电力设备股份有限公司) (601700.SH) reported a net profit of 39.7 million yuan in the first three quarters of 2023, up 13.2% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 16.3% year-on-year.

At the end of the reporting period, it had 7.6 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 59.9%.