Cwb Automotive Electronics Co.,Ltd.’s Net Profit Rose 31.5% in First Three Quarters of 2023

Cwb Automotive Electronics Co.,Ltd. (合兴汽车电子股份有限公司) (605005.SH) reported a net profit of 159.1 million yuan in the first three quarters of 2023, up 31.5% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 14% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 460.2 million yuan in total liabilities, with a liability-to-asset ratio of 21.4%.