China Xd Electric Co.,Ltd.’s Net Profit Rose 17.3% in First Three Quarters of 2023

China Xd Electric Co.,Ltd. (中国西电电气股份有限公司) (601179.SH) reported a net profit of 626.5 million yuan in the first three quarters of 2023, up 17.3% year-on-year.

Meanwhile, the company posted 13.6 billion yuan in revenue, up 3.5% year-on-year.

At the end of the reporting period, it had 41.6 billion yuan in total assets and 17.5 billion yuan in total liabilities, with a liability-to-asset ratio of 42%.