China Cssc Holdings Limited’s Net Profit Rose 70.8% in First Three Quarters of 2023

China Cssc Holdings Limited (中国船舶工业股份有限公司) (600150.SH) reported a net profit of 2.6 billion yuan in the first three quarters of 2023, up 70.8% year-on-year.

Meanwhile, the company posted 49.7 billion yuan in revenue, up 28.8% year-on-year.

At the end of the reporting period, it had 182.5 billion yuan in total assets and 130.2 billion yuan in total liabilities, with a liability-to-asset ratio of 71.4%.