Crrc Corporation Limited’s Net Profit Rose 3.5% in First Three Quarters of 2023

Crrc Corporation Limited (中国中车股份有限公司) (601766.SH) reported a net profit of 8 billion yuan in the first three quarters of 2023, up 3.5% year-on-year.

Meanwhile, the company posted 143 billion yuan in revenue, up 5.5% year-on-year.

At the end of the reporting period, it had 476.7 billion yuan in total assets and 283.9 billion yuan in total liabilities, with a liability-to-asset ratio of 59.6%.