Changshu Tianyin Electromechanical Co.,Ltd.’s Net Profit Rose 7.7% in First Three Quarters of 2023

Changshu Tianyin Electromechanical Co.,Ltd. (常熟市天银机电股份有限公司) (300342.SZ) reported a net profit of 43.5 million yuan in the first three quarters of 2023, up 7.7% year-on-year.

Meanwhile, the company posted 712.6 million yuan in revenue, up 9.4% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 553.2 million yuan in total liabilities, with a liability-to-asset ratio of 26.4%.