Caixin
Nov 10, 2023 11:44 AM

Cimc Vehicles(Group) Co.,Ltd.’s Net Profit Rose 241.5% in First Three Quarters of 2023

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Cimc Vehicles(Group) Co.,Ltd. (中集车辆(集团)股份有限公司) (301039.SZ) reported a net profit of 2.3 billion yuan in the first three quarters of 2023, up 241.5% year-on-year.

Meanwhile, the company posted 19.6 billion yuan in revenue, up 12.4% year-on-year.

At the end of the reporting period, it had 24.2 billion yuan in total assets and 9 billion yuan in total liabilities, with a liability-to-asset ratio of 37%.

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