China National Electric Apparatus Research Institute Co.,Ltd.’s Net Profit Rose 12.6% in First Three Quarters of 2023

China National Electric Apparatus Research Institute Co.,Ltd. (中国电器科学研究院股份有限公司) (688128.SH) reported a net profit of 282 million yuan in the first three quarters of 2023, up 12.6% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 16.7% year-on-year.

At the end of the reporting period, it had 7.2 billion yuan in total assets and 4.4 billion yuan in total liabilities, with a liability-to-asset ratio of 60.9%.